NEP had not brought significant benefits to the Malays
The New Straits Times Online…….
..The Member of Parliament for Gua Musang, Tengku Razaleigh Hamzah, said today he would revamp the New Economic Policy (NEP) to ensure better implementation if he were to become Umno president.
The policy was not meant to benefit the Malays alone but the other communities too, said Tengku Razaleigh who had offered to contest the Umno presidency in the party election in December.“The DEB which was introduced when Tun Abdul Razak (Hussein) was the Prime Minister, was not meant to look after the interest of the Malays only, it was for the benefit of all races in the country.
“But it appears that the implementation of the policy had not brought about any significant improvement in the economy of the Malays and as such, we need to amend it to tighten its implementation,” he said.
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