What is national agenda Malaysia?

What is national policy Malaysia?

The National Development Policy was a Malaysian economic policy introduced by Mahathir Mohamad, then Prime Minister of Malaysia, with the objective of achieving economic growth, while ensuring that accrued benefits reach all sections of society.

What is the Malaysian plan?

The Eleventh Malaysia Plan 2016-2020 focuses on Malaysian people, to provide them with wellbeing and prosperity. It is the final leg in the journey towards realising Vision 2020 to achieve full development in Malaysia.

What is bumiputera policy?

In the 1970s, the Malaysian government implemented policies designed to favour bumiputras (including affirmative action in public education and in the public sector) to create opportunities, and to defuse interethnic tensions following the 13 May Incident in 1969.

What is monetary policy in Malaysia?

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 1.75 percent. The global economic recovery has strengthened further, supported by improvements in manufacturing and services activity.

Who makes public policy in Malaysia?

The Malaysian public administration is structured in three tiers, federal, state, and local governments. All major public policy of the country is decided by the Cabinet. At the state level, the State Executive Council (ExCo) is the Federal Cabinet equivalent.

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What is Sixth Malaysia Plan?

MALAYSIA: Sixth Malaysia Plan (SMP), 1991-1995. … The Sixth Malaysia Plan aims at sustaining the rapid economic growth of the country after the recession in 1985-1986. After a review of the development performance, the Plan explores the Development Framework for 1991-1995 and strategies.

What was the first economic plan in Malaysia?

MALAYSIA: First Malaysia Plan, 1966-1970

Its objectives include: welfare for all, increase in the level of income, increase in the well-being of inhabitants of the rural areas, generation of employment opportunities, new economic activities, to progress with health and social welfare and electric power development.

What are the examples of national development?

National development is the ability of a county or countries to improve the social welfare of the people e.g by providing social amenities like quality education, potable water, transportation infrastructure, medical care, etc.

What are the features of national development?

It includes full-growth and expansion of our industries, agriculture, education, social, religious and cultural institutions. Moreover, national development implies development of a nation as a whole. It can be best defined as the all-round and balanced development of different aspects and facets of the nation viz.

What does Bumiputera mean in English?

Bumiputera. Bumiputera or Bumiputra is a Malaysian term to describe the Malay race and other indigenous peoples of Southeast Asia, and used particularly in Malaysia. The term comes from the Sanskrit word bhumiputra, which can be translated literally as “son of the land” or “son of the soil”.