The economy of Malaysia is the fourth largest in Southeast Asia according to the International Monetary Fund 2020. It is also the 36th largest economy in the world. Labour productivity in Malaysia is significantly higher than in neighbouring Thailand, Indonesia, the Philippines or Vietnam, due to a high density of knowledge-based industries and adoption of cutting-edge technology for manufacturing and digital economy. According to the Global Competitiveness Report 2019, the Malaysian economy is the 27th most competitive country economy in the world.
Dato' Sri Haji Mohammad Najib bin Tun Haji Abdul Razak is a Malaysian politician who served as the 6th prime minister of Malaysia from April 2009 to May 2018. He is the son of another former prime minister, Abdul Razak Hussein. Najib Razak was the chairman of the Barisan Nasional (BN) coalition from April 2009 to May 2018 and the president of the United Malays National Organisation (UMNO) from November 2008 to May 2018, which had maintained control of Malaysia's government with a parliamentary majority for more than sixty years until the coalition's defeat in the 2018 general election. In 2020, Najib was convicted of corruption in relation to the 1MDB scandal during his premiership. He is referred to as Father of Transformation.
From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017). With the prime minister as the ex-officio chairman, the commission has a nominated deputy chairman, who holds the rank of a cabinet minister. Montek Singh Ahluwalia is the last deputy chairman of the commission. The Twelfth Plan completed its term in March 2017. Prior to the Fourth Plan, the allocation of state resources was based on schematic patterns rather than a transparent and objective mechanism, which led to the adoption for the Gadgil formula in 1969. Revised versions of the formula have been used since then to determine the allocation of central assistance for state plans. The new government led by Narendra Modi, elected in 2014, has announced the dissolution of the Planning Commission, and its replacement by a think tank called the NITI Aayog.
The civil service in Malaysia is pivotal around Article 132 of the Constitution of Malaysia which stipulates that the public services shall consist of the Federal and State General Public Service, the Joint Public Services, the Education Service, the Judiciary and the Legal Service and the Armed Forces.
The Ninth Malaysian Plan, abbreviated as '9MP', is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department and the Finance Ministry of Malaysia with approval by the Cabinet of Malaysia. The plan allocates the national budget from 2006 to 2010 in regard to all economic sectors in Malaysia.
Krishna Chandra Pant was an Indian Member of Parliament for 26 years and was the Prime Minister's interlocutor on Kashmir. He was a cabinet minister in the Government of India and held several constitutional positions over a period of 37 years. Pant had held the positions of Minister for Defence, Minister of state for Home Affairs, Minister of Steel and Heavy Engineering, Finance, Atomic Energy and Science and Technology. He was the First Chairman of the Advisory Board on Energy, Chairman of the 10th Finance Commission and the Deputy Chairman of the Planning Commission of India, the economic planning body of India; his Vision 2020 document was published as India's Development Scenario, Next Decade and Beyond.
Dato' Pathmanaban a/l Kunjamboo or K. Pathmanaban is a former Malaysian deputy minister, vice-president of Malaysian Indian Congress and founder of Melaka Manipal Medical College.
Tan Sri Datuk Seri Mohd Effendi bin Norwawi is a Malaysian politician, businessman and administrator. He has previously served as a Sarawak State Assemblyman (1991–1999), the Minister of Agriculture (1999–2004) and a Senator for the Upper House of Parliament or Dewan Negara (2006–2011).
Datuk Seri Dr. S. Subramaniam s/o. K. V. Sathasivam is a Malaysian politician who served as Minister of Health from May 2013 to May 2018, Minister of Human Resources from March 2008 to May 2013, Parliamentary Secretary in the Ministry of Human Resources from 2004 to 2008 and Member of Parliament (MP) for Segamat from March 2004 to May 2018. He is a member and served as 9th President of the Malaysian Indian Congress (MIC), a component party of the ruling Barisan Nasional (BN) coalition, in acting capacity from June 2014 to June 2015 and in official capacity from June 2015 to July 2018. He was one of the only two ministers of Indian ethnicity and one of only three MIC candidates who managed to retain their federal seats in the 2008 general elections.
Dato' Seri Haji Idris bin Jusoh is a Malaysian politician and Member of Parliament of Malaysia for Besut constituency. He was the Minister of Higher Education from July 2015 to May 2018. He is a former Menteri Besar of Terengganu and also the former Chairman of Majlis Amanah Rakyat (MARA). He is a member of the United Malays National Organisation (UMNO) which is part of the national opposition coalition Barisan Nasional.
Labuan–Menumbok Bridge or Labuan Bridge is a new planned bridge connecting Labuan Island in Federal Territory of Labuan and Menumbok in Sabah, Malaysia.
The Government Transformation Programme (GTP) is an effort by Malaysia's Government to address seven key areas concerning the people of the country. The programme was unveiled on 28 January 2010 by the Malaysian Prime Minister Najib Tun Razak. and is expected to contribute in making the country a developed and high-income nation as per its Vision 2020.
Dato' Sri Ismail Sabri bin Yaakob is a Malaysian politician who has served as the 9th Prime Minister of Malaysia since August 2021.
Datuk Seri Panglima Haji Abdul Rahman bin Dahlan is a Malaysian politician. He is the former Minister in the Prime Minister's Department and the Minister of Urban Wellbeing, Housing and Local Government. He is also the former Member of Parliament (MP) of Malaysia for the Kota Belud constituency in Sabah, representing the United Malay National Organisation (UMNO) party, a component of Barisan Nasional (BN).
Subsidy reform in Malaysia was initiated in July 2010 by Prime Minister Najib Razak via a reduction in subsidies for fuel and sugar. Further cuts in subsidies for these and other products are planned over a three- to five-year period to strengthen government finances and improve economic efficiency.
Malaysia–Tanzania relations are foreign relations between Malaysia and Tanzania. Malaysia has a high commission in Dar es Salaam, and Tanzania has a high commission in Kuala Lumpur. Both countries are member of the Commonwealth of Nations.
The Minister of Finance is the head of the Ministry of Finance of the Government of Malaysia. One of the senior posts in the Cabinet of Malaysia, the finance minister is responsible for determining the fiscal policy and managing national budget of the government. In many periods the Minister of Finance also served as Prime Minister of Malaysia.
The Eleventh Malaysia Plan (11MP) 2016–2020 is Malaysia's five-year development plan towards realising the goal of Vision 2020. The preparation of the 11th Malaysia Plan is based on the National Development Strategy of Malaysia (MyNDS) which focuses on the development of people-based economy and capital-based economy with the implementation of high impact projects. The 11th Malaysia Plan was tabled at House of Representatives by Prime Minister of Malaysia Datuk Seri Najib Tun Razak on 21 May 2015.
Shared Prosperity Vision 2030, is a government blueprint released in 2020 by the Government of Malaysia for the period of 2021 to 2030 to increase the incomes of all ethnic groups, particularly the Bumiputera comprising the B40, the hardcore poor, the economically poor, those in economic transition, Orang Asli, Sabah and Sarawak bumiputeras, the disabled, youths, women, children and senior citizens.
The Twelfth Malaysia Plan, otherwise known as the 12th Malaysia Plan; abbreviated as "12MP", is a comprehensive blueprint prepared by the Economic Planning Unit (EPU) of the Prime Minister's Department (PMO) and the Ministry of Finance. The blueprint will be a continuation to the 11th Malaysia Plan with a clear strategic direction to allocate the national budget from 2021 to 2025 in regard to all economic sectors in Malaysia. The blueprint was tabled by Prime Minister Ismail Sabri Yaakob in Dewan Rakyat, Parliament on 27 September 2021.
