Highlights of PM Anwar’s speech when tabling 12MP mid-term review

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Highlights of PM Anwar’s speech when tabling 12MP mid-term review
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KUALA LUMPUR, Sept 11 — The following are among the highlights of Prime Minister Datuk Seri Anwar Ibrahim’s speech when tabling the motion on the 12th Malaysia Plan 2021-2025...

KUALA LUMPUR, Sept 11 — The following are among the highlights of Prime Minister Datuk Seri Anwar Ibrahim’s speech when tabling the motion on the 12th Malaysia Plan 2021-2025 Mid-Term Review in the Dewan Rakyat today.12MP MTR supports government efforts to plan and implement a sustainable national development agenda in line with the aspirations of Malaysia Madani, Ekonomi Madani: Memperkasa Rakyat framework and Sustainable Development Agenda 2030.

12MP will be realigned with the Ekonomi Madani vision, which aims to empower and rejuvenate the national economy over a 10-year period. The government is committed to spending at least RM90 billion a year from 2023 until 2025 under 12MP. The government will fully spend the RM400 billion allocation under 12MP and increase the ceiling by RM15 billion, bringing the total sum to RM415 billion.

The increase is aimed at meeting the need to finance priority fields of the rakyat, enhancing the standard of management and retargeting subsidies to meet the people’s basic needs. — Bernama

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