Dr M: NEP a proven success for bumis

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Former prime minister Dr Mahathir Mohamd today claimed that Malaysia has done a much better job of building a more equitable multiracial society than most other countries including the US.
And this,he said, was due to the successful implementation New Economic Policy(NEP).The affirmative action programmes, he pointed out in his latest blog posting, seemed to have reduced the disparity in wealth distribution between the indigenous Malays and the Chinese,”There is mention of the bumiputera owning only two percent of the country’s wealth before the NEP and their wealth has now increased to 19 percent.“The disparity is still there but is much reduced,” he said.”India and South Africa also have affirmative action plans. But their results are not as good as in Malaysia,” he said.

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