The government has announced a recovery plan to enable the Malaysian economy to regain its strength after weeks of restrictions following the introduction of the movement control order in March, 2020. Further, in 2021, the government will launch the 12th Malaysia Plan (2021-2025) that will outline the medium- and longer-term policies for achieving Malaysia’s development goals and provide the public sector expenditure programme to implement the policies.
In carrying out its development plans for economic and social progress, the government must make greater efforts to focus on the human aspects of development so as to empower the people in facing the challenges that lie ahead, such as a second wave of Covid-19 infections and the uncertainties arising from geopolitical tensions around the world. Our country will have to increasingly rely more on its own domestic strengths to remain resilient against adverse external developments.