Prime Minister Datuk Seri Anwar Ibrahim announced a massive RM611 billion allocation for the 13th Malaysia Plan (RMK13) covering 2026–2030, with RM430 billion set aside for development expenditure to drive sustainable growth.
Key Highlights:
RMK13 aims to position Malaysia as a high-income, globally competitive nation.
The plan will emphasize artificial intelligence (AI) and promoting ‘Made in Malaysia’ products to boost economic competitiveness.
The five-year theme, Melakar Semula Pembangunan (Redesigning Development), focuses on value creation across all sectors.
Strategic Goals:
Build on the Ekonomi MADANI framework to raise growth potential and improve living standards.
Pivot away from reliance on primary production toward innovation and value-added industries.
Tackle poverty and inequality to ensure growth benefits all Malaysians.
Economic Outlook:
GDP growth is projected at 4.5%–5.5% annually during RMK13, supported by strong domestic demand, particularly from private consumption and investment.
Summary: With a record RM611 billion allocation, RMK13 puts AI and homegrown innovation at the heart of Malaysia’s development strategy, aiming to transform the economy into a high-value, inclusive growth model by 2030.
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