Malaysia’s The Ministry of Economic Affairs has drafted two crucial approaches in order to reconsider the 11th Malaysia Plan (11MP) that is to be presented in the Parliament on 18th October. Minister Datuk Seri Mohamed Azmin Ali stated that the suggestions were to display the progress report for the first two years of the nation under the regime of Pakatan Harapan (PH) government; and also the policy and direction of the economy of the nation that is built on the PH declaration.
Azmin stated that the Cabinet has acknowledged the introduction of the suggestion by the Ministry for the Half-term Review (KSP).
The introduction of KSP is exclusive as it would be proffering the economic performance of the nation during the first five years; however, the 11MP would make a new PH government that was created after 11th May. He briefed this information to the media after heading the 6th retreat session in partnership with the 24th Ministerial Level Indonesia-Malaysia-Thailand (IMT-GT) Growth Triangle Meeting in Bandar Hilir. For the meeting, Melaka Chief Minister, Adly Zahara, Thai Transport Minister Arkhom Termpittayapaisith, and Indonesian Coordinating Minister for Economic Affairs was also present.
Azmin, being a member of the Gombak Member of Parliament stated that the Economic Planning Unit is scrutinizing in details the suggestions that are going to be proposed by the 11MP KSP. Meanwhile, he is convinced that close assistance between the member countries of the IMT-GT would be able to carom missions, especially while facing the approaching threats of the Industrial Revolution 4.0.
He added that Malaysia is ready to collaborate with both countries in order to ensure that the economic conditions remain balanced. Only then it would be able to deal with any threats arousing from the current economic condition. He added that assistance would aid in reaching a logical, all-embracing sustainable sub-region by 2036.
The meeting saw the participation of 224 delegates which included Ministers and leaders from all three countries.