Dewan Rakyat passes 13MP, RM611bil approved for next five years


KUALA LUMPUR: The Dewan Rakyat on Thursday (Aug 21) approved the 13th Malaysia Plan with a majority voice vote, setting the stage for the country’s development agenda from 2026 to 2030.

The plan charts an RM611bil investment framework over the five-year period, with RM430bil allocated as government development expenditure.

It is anchored on sustainable growth and value creation across sectors under the theme "Redrawing Development."

A total of 153 Members of Parliament took part in the debate, which spanned eight days from Aug 4 and concluded on Aug 14.

Prime Minister Datuk Seri Anwar Ibrahim tabled the plan on July 31.

Key issues raised during the debate included strengthening public transport infrastructure, improving the education sector and boosting welfare for healthcare workers.

The 13th Malaysia Plan targets steady GDP expansion of 4.5% – 5.5% annually, strives to reduce the fiscal deficit to under 3% of GDP by 2030, and raises employee compensation to 40% of GDP to boost incomes and reduce inequality.

A major digital push includes launching the MyDigital ID, training civil servants in digital and artificial intelligence skills, and ensuring 95% of federal services are fully online by 2030 while striving for a top-20 ranking in the UN’s Online Service Index.

The plan also prioritises green energy and sustainability, rolling out pilot carbon capture projects in the iron and steel industry, expanding renewable energy like floating solar and green hydrogen, and strengthening Malaysia’s green economy credentials.

 

 

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