A total of RM611 billion is needed to roll out the 13th Malaysia Plan (13MP), Prime Minister Anwar Ibrahim said today.
He said RM430 billion in development funds would be from the government’s coffers, while government-linked companies and government-linked investment companies would provide RM120 billion.
The remaining RM61 billion will be derived from the private sector via private-public partnerships.
“Of the RM430 billion, over half or RM277 billion will be channelled to the economic sector,” Anwar said when tabling the five-year plan in the Dewan Rakyat this afternoon.
He also said that RM133 billion would be set aside for the social sector, with the education sector receiving RM67 billion, while RM39 billion would be allocated for the health sector.
Anwar said RM51 billion would be set aside for the security sector, while RM17 billion would be for the administrative sector.
“These strategic allocations reflect the government’s commitment to spurring high-impact development,” he said.
Development expenditure for the 12MP was estimated at RM400 billion.
