Government of Malaysia to Present the 12th Malaysia Plan in Parliament in Early 2021

The Government of Malaysia is expecting to present the 12th Malaysia Plan (12MP) in Parliament during early 2021, upon considering the effect of the COVID-19 pandemic on Malaysia’s economy. According to Datuk Seri Mustapa Mohamed, the Minister in the Prime Minister’s Department (Economy), the exact date of the Parliamentary presentation of the 12MP is yet to be decided, as the 12MP requires further review given the changes in Malaysia’s economic outlook following the COVID-19 pandemic.

The Minister added that the plan needs to be reviewed taking into account the way businesses have adapted to the new normal, induced by COVID-19, as well as how these businesses have moved towards digital platforms. Musta...