KUALA LUMPUR, Sept 11 — The 12th Malaysia Plan Mid-Term Review undertaken by the Unity Government is not a usual approach in assessing the country’s five-year development plan but instead encompasses new policies and strategies to address current challenges.
“The nation is at a crossroads, whether to maintain old policies and strategies or to undertake reform. This reform must encompass a framework for improving governance, policy shifts, and introducing new strategies and approaches in line with current demands,” he said. Anwar, who is also Finance Minister, said the new approaches and strategies are necessary following political instability and the Covid-19 pandemic which began in early 2020, which led to job losses, a decline in average economic growth and a decrease in foreign investment.
Themed “Malaysia Madani: Sustainable, Prosperous, High-Income”, the 12MP MTR introduces 17 Big Bold measures covering 71 main strategies and initiatives that will serve as the main catalyst in accelerating the efforts to reform the socioeconomic development of the nation in line with the Malaysia Madani aspiration.
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