Kuala lumpur: The successful implementation of more than 170 socio-economic development initiatives under the 12th Malaysia Plan (12MP) has contributed significantly to the nation's gross domestic product (GDP) growth, which is estimated to average 5.2 percent per annum between 2021 and 2025.

According to BERNAMA News Agency, Economy Minister Akmal Nasrullah Mohd Nasir stated that this achievement underscores the effectiveness of the MADANI Economy's strategies in navigating global uncertainties, restructuring the economy, and sustaining domestic demand. The growth also reflects the positive impact of targeted cash assistance programs, such as Sumbangan Asas Rahmah (SARA) and Sumbangan Tunai Rahmah (STR), which have bolstered household spending.

"This was a positive momentum that reflects Malaysia's economic fundamentals, which remained resilient and competitive," said the minister. He emphasized that 2023 marks the beginning of the implementation phase of the 13th Malaysia Plan (13MP), with the Ministry of Economy committed to ensuring that every initiative yields tangible benefits for the populace.

The ministry further expressed confidence that Malaysia is on the right path to achieve the MADANI Economy aspirations through the 13MP, themed "Redesigning Development," with a goal to attain high-income nation status by 2030. It highlighted the Department of Statistics Malaysia's preliminary estimate of a 5.7 percent GDP growth for the fourth quarter of 2025 (4Q 2025) as an early sign of the nation's current economic performance.

Despite facing various global challenges and an uncertain external environment, Malaysia's economy is projected to grow by 4.9 percent in 2025, surpassing the official forecast range of 4.0-4.8 percent. The Ministry of Economy noted that the surge in economic activity in 4Q 2025 indicates a stronger growth momentum, primarily driven by robust domestic demand and improvements in the services and manufacturing sectors.