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12MP mid-term review to be tabled in Parliament today

This is the first tabling of the review since the formation of the government after the 15th general election last year.

Bernama
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A general view of the Parliament building in Kuala Lumpur, April 3. Photo: Reuters
A general view of the Parliament building in Kuala Lumpur, April 3. Photo: Reuters

The 12th Malaysia Plan (12MP) mid-term review (MTR) is expected to be tabled by Prime Minister Anwar Ibrahim at the special meeting of the Dewan Rakyat today.

According to the Dewan Rakyat calendar, the tabling of the 12MP MTR is scheduled for 10am with no afternoon sitting as the debate will start on Tuesday and run until Thursday, while replies by ministers are slated for Sept 18 to 19.

This is the first tabling of the MTR since the formation of the government after the 15th general election on Nov 19 last year.

12MP, with an allocation of RM400 billion and tabled on Sept 27, 2021, is the complementary phase of the country's five-year development plan (2021-2025) towards achieving the status of a developed and inclusive country.
 
The 12MP MTR was carried out to evaluate the achievements of the five-year plan in its first two years (2021-2022) and the direction for the next three years (2023-2025) towards achieving a sustainable, prosperous, and high-income nation, taking into account current domestic challenges and global trends.

The review focuses on two main aspects: re-evaluation and re-assessment for achievements, gap analysis, improvement and new direction proposals; and the efficiency of programmes and development project implementation.

On Sept 7, Economy Minister Rafizi Ramli was reported as saying that the 12MP needed to be evaluated in its entirety as the assumptions or plans made prior to the Covid-19 pandemic from 2020 to 2022 had rendered a number of things obsolete.

On June 19, a special meeting of the prime minister and Cabinet ministers and secretaries-general of ministries on the 12MP MTR agreed that all parties needed to move as a team to expedite the implementation of planned reforms and economic initiatives.