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Saturday, February 20, 2010

Mukhriz : Bumiputra not forgotten by Najib's new economic model

The new economic model to be unveiled by Prime Minister Najib Razak next month will give due consideration to the Bumiputera.

Deputy International Trade and Industry Minister Mukhriz Mahathir said this was in line with previous policies particularly the New Economic Policy (NEP).

"I have received many visits by Malay non-governmental organizations representing various sectors and industries that raise concern that the new economic model will be too open to the extent that it reduces opportunities for Bumiputera entrepreneurs," he said.

He said the government would certainly give due consideration to all quarters in whatever policy.

"The government will not launch a new policy that contravenes the constitution and this needs to be clearly explained so that the people especially the Bumiputera are not worried with what is to be launched by the prime minister," he added.

Mukhriz said the people should realize that even though several weaknesses existed in the implementation of NEP, it was proven to have successfully eradicated poverty and given equal opportunities to all walks of life regardless of race.

"The economic problem we are facing was triggered by external factors like the global financial and economic crises.

"So, I think it is not right for some quarters to say that the economic problem we are facing now was due to NEP," he said.

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