11th Malaysia Plan Economic highlights

• Malaysia’s economy to expand 5%-6% a year based on sustained domestic demand and increasing contribution from the external sector. 

• Private consumption and investment to drive growth, resulting in a 7.9% per annum rise in gross national income (GNI) per capita.

• Four strategies to boost economic fundamentals: 1) Unlocking the potential of productivity to ensure sustainable and inclusive growth; 2) Promoting investment to spearhead economic growth; 3) Increasing exports to improve trade balance; 4) Enhancing fiscal flexibility to ensure sustainable fiscal position.

• Real private consumption is expected to increase at an average rate of 6.4% per annum.

• Public investment to grow at 2.7% per annum, or an annual average of RM131bil in current prices, driven by the Federal Government development expenditure and capital spending of non-financial public enterprises (NFPEs).

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