ABSTRACT

On February 28, 1991, Malaysia's fourth prime minister, who would prove to be its longest-serving head of government, Dr. Mahathir Mohammad, outlined his vision for his country. There can be no fully developed Malaysia until we have finally overcome the central strategic challenges that have confronted us from the moment of our birth as an independent nation. But we will fine-tune it to ensure that measures are in place to ensure that Malaysia maximises the net benefit from the inflow of foreign investment. Apparently domestic investors feel that the government has not devoted enough to the fostering of domestic investment as we have devoted to those from overseas. The Sixth Malaysia Plan will make clear what we will do in the medium term while the second outline perspective Plan will indicate the direction over the long term. In the final analysis it is how we balance our trade that will determine how our currency is valued.