The Prime Minister, Dato Hussein Onn, in his foreword to the Third Malaysia Plan, said: “A major assault on poverty, a vigorous and continuous effort in the task of restructuring society as well as the strengthening of our national security., are the triple thrusts of the Third Malaysia Plan
This is probably the most significant and revealing statement in the whole 430-page Third Malaysia Plan.
The Second Malaysia Plan 1971-1975 incorporated a two-pronged New Economic Policy for development. The first prong was to reduce and eventually eradicate poverty, by raising income levels and increasing employment opportunities for all Malaysians, irrespective of race. The second prong aimed at accelerating the process of restructuring Malaysian society to correct economic imbalance, so as to reduce and eventually eliminate the identification of race with economic function. Continue reading The Third Malaysia Plan and the time-bombs in Malaysia