The Tenth Malaysia Plan (2011-2015)
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A comprehensive blueprint for Malaysia's economic development. Key aspects of the plan include:
Goal: To achieve high-income status, inclusiveness, and sustainability.
Growth Target: Aims for 6% annual GDP growth, with a focus on the service and manufacturing sectors.
Income Target: Increase gross national income per capita to RM38,850 (US$12,140) by 2015.
Private Sector Investment: Stimulate private sector investments to grow at 12.8% annually.
Fiscal Deficit Reduction: Reduce the fiscal deficit from 5.3% of GDP in 2010 to below 3% in 2015.
Key Economic Areas: Focus on 12 National Key Economic Areas (NKEA) to drive economic growth.
Talent Development: Develop and retain a first-world talent base through education reform and skills enhancement.
Inclusive Development: Improve the living standards of the bottom 40% of households.
Urban Development: Develop vibrant and productive cities.
Bumiputera Agenda: Continue efforts to create a robust Bumiputera Commercial and Industrial Community (BCIC).