The 13th Malaysia Plan will focus on collaborative efforts between states and federal governments to bridge the socio-economic and development gaps according to states and regions, says Economy Minister Rafizi Ramli.
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NewsTranscript
00:00The Ministry of Economy and the Government of the United Nations will launch the 13th
00:10Malaysia Plan, scheduled for July 2020-2025.
00:15As I said in my speech, the RMK 13 is a very important RMK, because if the proposed RMK
00:29goes well, it will be the RMK in which Malaysia strives to achieve a high-income country.
00:38Therefore, the proposals and plans must take a slightly different perspective from the
00:49previous five-year plans.
00:54Our desire is to balance between the need for development to advance the country's economy
01:04and the desire of the common people so that there is no big gap.
01:13And we also know that when a country becomes a high-income country, it is not measured
01:22solely by the economic growth rate, the average income of the country, but also how the
01:32prosperity and prosperity of the common people must be at the level of a developed country.
01:44And God willing, the process that starts today will continue until the end of this year.
01:53In addition to the 14 countries that we have to go to, we also have the same session with
01:59other special committees, and with a short timeline, we hope that by the end of this year,
02:08the rough framework that outlines the decisions and big dreams of the country can be laid
02:19before the Prime Minister.
02:22The RMK-13 document will be terminated from its provision by April 2025.
02:33And two months after that is the process of obtaining the approval at the level of the
02:38Ministerial Committee before it is laid in Parliament in July 2025.
02:45No, if we want to hope that all countries will achieve growth compared to, for example,
02:56Selangor, it is not fair because this is not something that happens once in a while.
03:02I mean, Selangor has an advantage because its starting point is better than 100 years ago.
03:11But at the same time, we also hope that efforts to close the gap between socio-economic
03:21and development according to this country and region can be combined together.