12th Malaysia Plan Mid-Term Review (2021-2025) - 12 September 2023

A revised plan to secure high-income status by 2025

The Prime Minister Datuk Seri Anwar Ibrahim tabled a revised Mid-Term Review (MTR) of the 12th Malaysia Plan (12MP) at the Parliament yesterday with an updated approach to bolster Malaysia’s economy and elevate the quality of life of its citizen.

  • It incorporates new policies and strategies to adapt to the goals of 'Ekonomi MADANI: Memperkasa Rakyat,' a vision and direction by the Unity Government encompassing aspects of justice, diversity, harmony, and progress.
  • With a new theme ‘Malaysia Madani: Sustainable, Prosperous, High Income’, it is set to initiate 17 Big Bolds and 71 main strategies and initiatives.

According to the Minister of Economy Rafizi Ramli, the MTR of the 12MP is the starting point for efforts to address major economic challenges of the nation, namely disparity in development and income, limited fiscal space and slow structural transition of the economy.