Call for measures to address disparity
KUALA LUMPUR: Malaysia must implement specific economic measures to address disparities between Bumiputeras and non-Bumiputeras.
Malay Economic Action Council chief executive officer Mohd Nizam Mahshar said the economic disparity between races is evident and the next logical step is to address the widening social and economic gap.
"The plans to be announced will address the disparity and ensure equal wealth distribution.
"The country should move in the context of not only making it equal politically but also equal in distribution of wealth," Mohd Nizam told New Straits Times in a phone interview yesterday.
He was commenting on a Reuters report which had criticised Prime Minister Datuk Seri Najib Razak's plan to announce economic measures for the Malays today.
According to the report, the measures signal a reversal of earlier pledges to roll back race-based policies that have stunted the country's competitiveness.
"Reuters does not understand the basis of Malaysia's social fabric. The Chinese cannot say only the Malays are being entertained because the Malays themselves are also criticising other Malays for unequal wealth distribution," he said.
Mohd Nizam said the prime minister was not diverting from his original intention but rather taking a look at the whole situation on a need-based basis rather than a race-based perspective.
"Malays are in the bottom 40 in economic performance and 98.8 per cent of micro SMEs (small and medium enterprises) are Malays."