Highlights of Anwar’s speech when tabling 12MP Mid-Term Review

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KUALA LUMPUR: 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 (12MP MTR) in the Dewan Rakyat today.

*12MP MTR is themed “Malaysia MADANI: Sustainable, Prosperous and High-Income”.

*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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