PM tables 12th Malaysia Plan, RM400b allocated for development

PARLIAMENT | Prime Minister Ismail Sabri Yaacob has tabled the 12th Malaysia Plan (12MP) in the Dewan Rakyat today, announcing that the government will allocate RM400 billion for existing and new development projects.

Among the main objectives are a targeted growth for the GDP of between 4.5 and 5.5 percent a year in the five-year period of the 12MP, an average household income of RM10,000 a month by 2025, a narrowed gap between the GDPs of Peninsular Malaysia...