Economic Planning Unit Malaysia 2020

About the economic planning unit.

Economic planning unit malaysia 2020. The eleventh malaysia plan 2016 2020 is the final leg in the journey towards realising vision 2020. This is a global commitment towards a more sustainable resilient and inclusive development with 17 sustainable development goals sdgs and 169 targets. Malaysia together with other 192 world leaders adopted the 2030 agenda for sustainable development 2030 agenda at the united nations general assembly in new york on 25 september 2015. The unit was established in 1961 as the economic secretariat of the economic committee under the executive council of the then federation of malaysia.

The unit established on 1961 evolving from the economic secretariat of the economic committee of the executive council of the then federation of malaysia was to focus on development planning on high problems in plan execution and on all forms of foreign aid. Mier presented its economic forecast for 2020 on 29th july 2019 projecting growth for the year to be around 4 7. As a continuation a post 2020 development plan with a clear strategic direction will be formulated to set the way forward for national development agenda over the next decade along with the implementation framework. Economic planning unit malaysia.

Kuala lumpur aug 13 the government is expected to launch the digital economy masterplan in october 2020 as an initiative to expand all sectors including the non manufacturing sector in the country said minister in the prime minister s department economy datuk seri mustapa mohamed. Malaysia together with other 192 world leaders adopted the 2030 agenda for sustainable development 2030 agenda at the united nations general assembly in new york on 25 september 2015. Fmt the former head of the government s economic planning unit says the rm25 billion direct fiscal injection as part of the covid 19 stimulus package announced yesterday will increase the. The economic planning unit is the principal government agency responsible for the preparation of development plans for the nation.

Twelfth malaysia plan 2021 2025. Economic planning unit prime minister s department block b5 b6 federal government administrative centre 62502 putrajaya. On 21st march 2020 after the first outbreak of covid 19 undertook a review of the pandemic we announced the results of a preliminary analysis of the economic impact of the outbreak at that early stage which shows that our gdp would be reduced by 0 15 best case and 0 77. The economic planning unit is the principal government agency responsible for the preparation of development plans for the nation.