12MP targets annual GDP growth of 4.5%-5.5%; GNI of RM57,882 by end-2025

KUALA LUMPUR (Sept 27): The 12th Malaysia Plan (12MP), a roadmap for the country’s development from 2021 to 2025, has set a target annual gross domestic product (GDP) growth of between 4.5% and 5.5% for the five-year period.

Under the 11MP (2016-2020), the country achieved GDP growth of 2.7% per year.

The ‘transformational’ 12MP also set a gross national income (GNI) target of RM57,882 or US$14,842 by end-2025. Under the 11MP, Malaysia achieved GNI of RM42,503 by the end of 2020.

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