On course for strong growth

Prime Minister Datuk Seri Ismail Sabri Yaakob (centre) with the 12MP book at Parliament house. With him are Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed (left) and his deputy Syazlee Shith. - Bernama

PETALING JAYA: Malaysia’s economy is projected to grow between 4.5% and 5.5% per annum for the next five years under the 12th Malaysia Plan (12MP), the economic blueprint for the country for 2021-2025.

This growth will be supported by strong domestic demand and a higher contribution from the external sector, according to the 12MP document themed, “Resetting the economy; Strengthening security, wellbeing and inclusivity; and advancing sustainability”.