MSIAN PM ANNOUNCES VISIONARY 10MP PLAN

KUALA LUMPUR, June 10 (Bernama) -- Prime Minister Najib Razak Thursday
announced a visionary 10th Malaysia Plan (10M) aimed to unveil the vision
and mission of the country for the next five years.

The 10MP tabled by the Prime Minister in parliament, revealed
measures to transform the nation into a high-income economy through a
development expenditure allocation of RM230 billion ( US$69.69 billion) for the
next five years.

From the total, 55 per cent was allocated for the economic sector, 30 per
cent for the social sector, 10 per cent for security and 5 per cent for
administration.

The forecasted economic report for 2011-2015, released in two languages -
449-page in Bahasa Melayu (the Malay langguage) and 429-page English version -
was published by the Economic Planning Unit, Prime Minister's Department, and
available at RM80(US$24).

The 10MP would be implemented through strategic planning, programmes and
allocation to achieve the 2020 Vision towards achieving a developed nation
status with an high income economy by 2020.

Najib said the 10MP plan was vital to continue the vision and objective of
the nation and if vigorously and consistently implemented, would see Malaysia
through the challenging times and enable the nation to be a high-income
and developed nation by 2020.

Three more pillars have been erected to drive the plan through, namely with
the introduction of the 1Malaysia concept of "People First, Performance Now";
Government Transformation Plan (GTP) and New Economic Model (NEM), he said.
-- BERNAMA


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