12MP only looks good on paper, say economists

Raevathi Supramaniam

Economists say the Malaysian Plan has become a platform for the prime ministers of the day to present an economic agenda rather than what it used to be before, a five-year plan within a 10-year perspective on how to expand the country’s development expenditure. – The Malaysian Insight file pic, October 14, 2021.

THE 12th Malaysia Plan (12MP) looks good on paper but there is a lack of direction and implementation on how the government will achieve the goals set out in the plan, say economists.

Speaking at an online forum organised by the Malaysian Institute of Economic Research titled “12 MP: Is it a real and rational reset for the rakyat?”, they said while the 12MP promotes sustainability, prosperity and inclusivity as its main thrust, the government will not get far without proper implementation.

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