New Economic Model (NEM) is No threat to special rights


KUALA LUMPUR - PRIME Minister Najib Razak urged the Malays to accept his new economic reforms last night, assuring them that their special rights and privileges would not be forgotten.

He said the proposed New Economic Model (NEM) is meant to bring the Malays and other races forward, so that the country would become a developed nation in the next 10 years.

'The NEM is not meant to sideline the special rights and privileges of the Malays, but it is to adopt a more dynamic method that is global and current,' he told about 1,000 delegates at the Malay Economic Congress, which was attended by 126 Malay non-governmental organisations (NGOs).

A big group of representatives from the NGOs also handed Datuk Seri Najib their resolutions, which called for the NEM to be reviewed.

Malay groups have been questioning the NEM since it was announced in March this year, as they fear that the government would drop their special rights.

Many of them complained that most Malays are still incapable of competing equally, and urged the government to review the policy. By Elizabeth Looi

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