The Malaysia Plan is a 5-year Malaysian government
national development initiative. The plan is a legacy from British colonial
rule in Malaya after the Second World War.
The 5-year plan began with the First Malaya Plan,
from 1956 to 1960. This initiative was continued with the Second Malaya Plan
from 1961 to 1965.
After the formation of Malaysia in 1963, the 5-year
plan has been converted to the Malaysia Plan (MP) with the First Malaysia Plan
which began in 1966 until 1970, the difference being that the economic plan now
included the entire nation – including Sabah and Sarawak, as opposed just Peninsular
Malaysia.
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