The Twelfth Malaysia Plan (Twelfth Plan) is a medium-term plan with the objective of ‘A Prosperous, Inclusive, Sustainable Malaysia’, is the start of a new phase in Malaysia’s development journey – the Shared Prosperity Vision 2030 (WKB 2030). This Plan paves the way forward for comprehensive policy responses in facing the challenging situation brought about by the COVID-19 pandemic. Policies under this Plan are structured to achieve sustainable economic growth, with a focus on equitable wealth distribution, the wellbeing of the rakyat and environmental sustainability. The Twelfth Plan introduces a new transformative approach based on three themes, four catalytic policy enablers and 14 game changers. This new approach is important in providing a strong foundation for Malaysia’s future, and acts as a catalyst to restore economic growth, address socioeconomic challenges, balance regional development and enhance the nation’s competitiveness to be a more resilient and sustainable player on the world stage.