Malaysia

12MP to be ready in Nov, says Tok Pa

The minister says some economic targets will be revised because of Covid-19 pandemic

Updated 5 years ago · Published on 26 Sep 2020 5:55PM

12MP to be ready in Nov, says Tok Pa
Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. – Bernama pic, September 26, 2020

TANAH MERAH – The formulation of the 12th Malaysia Plan (12MP) is at the final level and is expected to be ready in November, according to Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.

He said the 12MP would be tabled in Parliament early next year after it has been finalised.

“Yesterday, we had an engagement session with all ministries’ secretaries-general where we informed them about the status of the 12MP,” he told reporters after launching and visiting the Jeli Community College in Bukit Bunga, near here today.

Elaborating, Mustapa said the 12MP also outlined 10 targets in line with the Shared Prosperity Vision but the ministry would revise some of it following the Covid-19 pandemic.

Among the targets were those relating to long-term economic growth, income, small and medium enterprises and the poverty line.

“We will be using a new poverty line beginning 2021 so we asked for views from each secretary-general on this matter, besides sharing the challenges faced in preparing the 12MP,” he said.

Mustapa said that the government also took into account people’s high hopes for assistance under the 12MP but it would be subject to the country’s financial capability.

Meanwhile, the Jeli MP said some 54% out of RM68 billion allocation for national development had been spent so far.

On his working visit to several sites in Jeli today, he said a total of RM200 million had been allocated for three projects comprising RM103 million for the construction of the Jeli district police headquarters, residential quarters for all personnel in two army border regiments (RM70 million) and Jeli Community College (RM27 million). – Bernama, September 26, 2020

Related News

Malaysia / 1w

Selangor still Malaysia’s top economic engine, DOSM data counters political claims

Malaysia / 1mth

Penang initiates measures to minimise impact of Middle East conflict

Malaysia / 1mth

Penang CM: New developments key to stimulating state economy

Malaysia / 2mth

Selangor allocates over RM130 million to face West Asia crisis

Malaysia / 3mth

Maintaining dividend of over 6 per cent reflects EPF's strength - PM

Malaysia / 4mth

Anwar, Modi condemn all forms of terrorism, call for zero tolerance

Spotlight

Community

Penang new top cop looks to AI to help fight online fraud

By Ian McIntyre

World

UK Prime Minister Keir Starmer announces resignation

Malaysia

Zara Inquest: Court to decide in July whether stepsister to testify

Malaysia

Future of our nation rests on the rakyat, not political monkeys

Malaysia

Bersama to contest 15 Johor seats in upcoming state election

Malaysia

Middle East conflict: Costs to Malaysia rise close to 20%, raising food production pressures

Malaysia

MACC probes elephant transfer deal after RM53 million leak claims surface

By Alfian Z.M. Tahir

Malaysia

Malaysia, Bangladesh seek solution to Rohingya ethnic issue through ASEAN

You may be interested

Malaysia

Minor earthquake off Batu Pahat renews focus on Johor’s seismic activity

Malaysia

Bersama to contest 15 Johor seats in upcoming state election

Malaysia

Next Johor Govt can challenge Federal funding allocations through National Finance Council, says MP

Malaysia

Two married couples charged with injuring maid

Malaysia

Speaker reminds MPs not to skip parliamentary sessions

Malaysia

Anwar urges Malaysians to reject racial division, says abuse of power is nation's greatest threat

Malaysia

Opposition leadership dispute sparks pandemonium in Dewan Rakyat

Malaysia

Abang Jo: Bintulu Port strengthens Sarawak’s position as strategic maritime, industrial hub