Malaysia's Development Plans & Policies (1956 - Present)

A timeline of Malaysia's Five-Year Economic Plans, from 1966 to the present.

A timeline of all of Malaysia's Economic Plans, with charts on GDP, inflation, unemployment, and government spending during each five-year period, and speech as well as article excerpts.

4th Malaysia Plan: Macro-economic Goals

Under the Fourth Malaysia Plan 1981-1985, the following macroeconomic goals were pursued: 1) Ensuring rapid growth of the country’s economy. 2) Formulating strategies to achieve the desired structural pattern of development. 3) Implementing policies and programmes to accelerate new planting and replanting of rubber. 4) Upholding a strong balance of payments position. 5) Increasing productivity of agriculture, expansion and diversification of the industrial base and modernisation of the financial and services sectors. 6) Diversifying the sources of growth. 7) Balancing socio-economic development among the regions in the country. 8) Developing appropriate programmes and policies to protect and enhance the quality of environment.

5th Malaysia Plan: Strategies for Growth

In the Fifth Malaysia Plan 1986-1990 (1986, p. 21), there are ten growth strategies outlined to sustain long-term development with stability: 1) Increasing the role of private sector. 2) Managing the economy efficiently. 3) Mobilising the domestic resource. 4) Revitalising the agriculture sector. 5) Stimulating industrial development. 6) Fuller development of human resource. 7) Emphasising on research and development. 8) Improving spatial planning. 9) Developing urban centres. 10) Women in development.

8th Malaysia Plan: Macroeconomic Strategies

In the medium term, the macroeconomic management focuses on sustaining high development with economic resilience. These strategies aim to promote economic development, building on economic resilience and also increasing competitiveness and productivity.

7th Malaysia Plan: Macroeconomic Strategies

During the 7th Malaysia Plan, the macroeconomic strategies focus on sustaining high development with stability and to improve Malaysia’s global competitiveness. Furthermore, for the economy to meet the challenges, new proposals will be created, and the execution of the existing policies and strategies will be strengthened. Under the Seventh Malaysia Plan 1996-2000 (1996, p. 48), there are six detailed strategies adopted.

6th Malaysia Plan: Macro-economic Strategies

To enhance Malaysia’s development prospects in this rapidly changing global economy, the macroeconomic strategies focus on reinforcing Malaysia’s productive capacity and competitiveness in the global market. Also, the Plan concentrates on the productivity development in expanding the economy and preparing the nation to cope with the challenges of rapid technological growth and the changing international economic environment. Under this Plan, there are five comprehensive macroeconomic strategies emphasised (Sixth Malaysia Plan 1991-1995 (1991, p. 40).

National Solid Waste Management Policy: Overview

The National Solid Waste Management (SWM) Policy was created in 2006, which serves as the foundation for solid waste management in the country. The policy aims to establish an integrated solid waste management system. The policy focuses on setting up a cost effective, comprehensive and sustainable, which highlights environmental protection selective of reasonable technologies ensure the public wellbeing (Agamuthu & Victor, 2013). Moreover, the implementation of 3R (reduce, reuse, and recycle) principles is carried out via the SWM Policy which stresses on waste reduction through 3R activities, intermediate treatment and final disposal.

National Space Policy: National Space Policy 2030 to drive development in space sector, says PM

(The Malay Mail) PUTRAJAYA, Feb 7 — The National Science Council (NSC) today agreed to create the 2030 National Space Policy to drive development in the national space sector. The policy aimed to ensure that benefits could be obtained from the space sector and contribute toward a new and strategic economic growth. Prime Minister Datuk Seri Najib Razak, who chaired the first meeting of the NSC for this year, said the policy was in line the national objective of remaining to be excellent in the field of outer space science.

National ICT Policy: Objectives

As stated by the Ministry of Education Malaysia (2010), the objectives that need to be accomplished by this policy are: 1) To align all the current and future ICT initiatives under a common goal for integrating ‘ICT in Education’. 2) To standardize and enhance the implementation of ICT initiatives in Education by encompassing all important aspects of implementation and post-implementation into a regulatory framework. 3) To generate greater commitment and acceptance by all stakeholders including the policy implementers and the rakyat.

National ICT Policy: Pillars & Key Focus Areas

The National ICT Policy consists of four main pillars (Ministry of Education Malaysia, 2010): 1) Human Capital. 2) Budget. 3) Digital Learning Resources. 4) Infrastructure. CORRESPONDING to the four pillars, there are eight key focus areas such as: 1) Structure (Roles and Responsibilities of Stakeholders), 2) Competency and Professional Development, 3) Technology and Infrastructure, 4) Maintenance and Support, 5) Budget and Total Cost of Ownership (TCO), 6) Teaching and Learning, 7) Community Involvement, and 8) Education Management System.

National ICT Policy: Overview

According to the Ministry of Education (MOE) Malaysia (2010), the National ICT Policy was created in 2004 based on the Government's acknowledgment of knowledge as an essential foundation for sustainable human capital growth. This policy aims to describe the functions of all parties in the new collaborations of the public, private and community sectors to gain knowledge for all in the new Information and Digital Age. Also, this policy aspires to improve and standardise the implementation and post-implementation stage of ‘ICT in Education’ initiatives. The outline should eventually provide the overall guidance for the long-term planning and growth of incorporating ICT in education.

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