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Why Bumiputera economic congress and not one for Malaysians?
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Five decades of helping the Bumiputeras have not achieved the desired results, and Prime Minister Anwar Ibrahim has decided to set a new direction and approach that is more fair, equitable and inclusive.

In January, the government will host a Bumiputera economic congress to empower the community and address their failure in acquiring 30% equity ownership in the economy.

The emphasis will shift from focusing on selected companies to programmes that will involve more entrepreneurs, including small and medium-sized enterprises. The aim is to create a middle-class category of Bumiputeras who can “build their business and increase their income, instead of relying on wages”.

Anwar previously indicated that the affirmative action policies should shift from race-based to needs-based. If that were the case, why can’t a Malaysian economic congress be held instead of the one for Bumiputeras?

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Why Bumiputera economic congress and not one for Malaysians? - by superadmin - 10-08-2023, 08:58 AM

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