PETALING JAYA: Despite having fallen short of its average annual growth target under the 10th Malaysia Plan (10MP), Malaysia will still have a second shot under the next five-year development blueprint to put the country’s economy on the right track towards achieving high-income status by 2020, economists say.
“Planning for the 11MP is very critical… it is not only the final phase of development planning before Malaysia realises its dream of becoming a high-income nation, but it is also the most crucial programme to navigate the country’s economy through one of the most challenging and highly uncertain times for the global economy,” an economist with a local bank said.
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