The National Development Policy replaced the Malaysian New Economic Policy in 1990 but continued to pursue most of NEP policies. The Malay share of the economy, though substantially larger, was not near the 30% target according to government figures. In its review of the NEP, the government found that although income inequality had been reduced, some important targets related to overall Malay corporate ownership had not been met. Both Mahathir and the Tunku had expressed concern that the Malays remained too reliant on the Chinese economically. Under the Malaysian New Economic Policy, Bumiputra are given discounts on real estate. ... Look up Malay in Wiktionary, the free dictionary. ...
Categories: Malaysia stubs | Government of Malaysia | Economy of Malaysia
Share your thoughts, questions and commentary here
Want to know more? Search encyclopedia, statistics and forums:
Press Releases |
The Wikipedia article included on this page is licensed under the
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m