[Malaysia] 9MP To Focus On Development, Poverty Eradication

From Malaysian National News Agency

KUALA LUMPUR, Jan 4 (Bernama) -- The Ninth Malaysia Plan (9MP) will focus on developments, eradication of poverty, boosting the growth of the small and medium enterprises (SMEs), and human resources, said Deputy Finance Minister, Datuk Dr. Ng Yen Yen.

She said the Finance Ministry was currently studying the budget plans submitted by various ministries for the 9MP which runs from this year until 2010.

The allocation for 9MP is expected to be higher than the RM170 billion allocated by the government under the Eighth Malaysia Plan.

"The allocation should be more than last time and enough to cover all the expenses," she said at a media briefing on MCA's "Project Care - Cookies of Love 2006" here, today.

The soon-to-be-announced 9MP will set out Malaysia's socio-economic goals and targets going forward.

It is scheduled to be tabled before April, said Dr Ng.