The 13th Malaysia Plan (13MP), covering the period from 2026 to 2030, is
a comprehensive blueprint that aims to transform Malaysia's economy and
society. While it sets out ambitious goals and strategies, many have raised
concerns about structural issues that are not be fully addressed or could
hinder the plan's success.
Source: https://www.thevibes.com
Key structural issues that may not be adequately addressed by the 13th
Malaysia Plan include:
·
Underemployment and Low-Quality Jobs: While the
plan aims to create new, high-value jobs, it may not effectively tackle the
issue of underemployment, where a significant number of workers are in
insecure, low-paying jobs that do not utilize their skills (2 million
currently). That’s also related to education.
· Quality of Education: Quality is
low in national schools – PISA scores attest to that. Brightest talents work
abroad, over 280,000 professionals in Australia, US, UK and Canada. Only 4,673
talents are back between 2011 and Jun 2025. We love mediocrity and not
meritocracy.
·
Inadequate Retirement Savings: Concerns
have been raised that the plan does not have strong enough measures to address
the problem of inadequate retirement savings for a large portion of the
population, a long-standing issue.
· Healthcare Underfunding: The plan's
allocation for healthcare, while substantial, may not be sufficient to fully
address the underfunded public healthcare system and its systemic challenges.
· Environmental and Governance Gaps: While the
13MP mentions the green economy and sustainability, some environmental groups
are concerned about a lack of firm legal and financing commitments to protect
nature and biodiversity. There are also concerns about a lack of accountability
and transparency in the implementation of projects, with the risk of patronage
and inefficiency.
·
Execution Deficit: A
recurring criticism of past Malaysia Plans is the gap between ambitious goals
and their actual implementation. We meet 70% of targets!
·
GLCs and GLICs:
Preponderance of their role in the economy. Over 42% of the economy is
controlled by GLCs and GLICs. NEP objectives are met but we continue to talk
about the shortfall – all the time.
·
GERD below 1%: The Gross
Expenditure for Research and Development to GDP has been at (or below) 1% of
GDP. Many other countries have it at 5% or at least 3%. South Korea and Israel
are at the high end. 13MP suggests 2.5% of GDP by 2030. But this was the target
to achieve by 2025. So much for plan and execution!
·
Plight of Indians: The B40
Indian group contributes 72% of all gangsters in the country. The pittance
allocated is not going to change their plight. Apa lagi India mahu? They
want education, employment, entrepreneurship, empowerment, and an endowment
(like ASN/ASB). Is that too much to ask?
In summary, while the 13MP is seen as a step forward with its focus on
digitalization, sustainability, and social well-being, its success will hinge
on its ability to overcome long-standing structural weaknesses, particularly in
governance, social protection, and environmental policy, which some critics
believe are not fully or adequately addressed in the current blueprint.
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