Five -year plan, recognize the history of Malaysia’s plans & when it began
Prime Minister Datuk Seri Anwar Ibrahim has presented the 13th Malaysia (9MP13) plan 2026-2030 themed to develop development in the House of Representatives today.
In general, the 11th plan can be considered as the main document of national development planning which will function as a government guide for the next five years.
However, maybe many have not fully understood what Malaysia’s plan means, when it starts and why is it so important for all of us?
So, today’s Decree wants to share with readers of all interesting facts about Malaysia’s plans that will determine the direction of future development of the country.
Development planning in Malaysia covers three stages divided into long -term, medium and short planning as follows:
Long -term planning
- First Long -Term Plan Framework (RRJP1), 1971 – 1990
- Second Term Plan (RRJP2), 1991 – 2000
- Insight 2020, 1991 – 2020
- Third Term Plan (RRJP3), 2001 – 2010
- New Economic Model, 2011 – 2020
- Madani Economics, 2023-2033
Medium -term plan
- Half -age study (KSP) for a five -year development plan
- Five-year development plan, such as the 13th Malaysia plan, 2026-2030
Short -term planning
- Annual budget
Returning to the main topic of the discussion, Malaysia’s plan is a plan specifically designed to ensure that all Malaysian economic development and growth is in line with long -term planning.
This sets the target of economic and heavenly growth for public sector development programs and outlines the role of the private sector.
Starting with the formation of Malaysia in 1963, 13 Malaysian plans were submitted including those presented in the House of Representatives by Datuk Seri Anwar Ibrahim today.
Meanwhile, the first Malaysian plan that included a period from 1966 to 1970 was submitted on November 25, 1965 by Malaysia’s first prime minister, Tunku Abdul Rahman Putra Al-Haj.
For each Malaysian plan, the government will also conduct a half -semester study (KSP) conducted in the middle of five years.
KSP aims to review the performance of the achievement of macro and sectoral economic policy plans for the first two years of each Malaysian plan.
This will also make strategic adjustments, if necessary, to achieve a new target review.
In general, Malaysia’s plan is a very important medium -term plan in determining the position of the country for the next five years.
The essence of this plan is to reflect the direction and determination of the government to ensure that the country’s development and economy grew positively.
Source: MKN, Prime Minister’s Office
Post a five -year plan, recognizing the history of Malaysia’s plans & first appeared in Siakap Keli.
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