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Fourth Prime Minister of Malaysia Seventh Prime Minister of Malaysia | ||
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TheNational Development Policy (Malay:Dasar Pembangunan Nasional (DPN)) was a Malaysian economic policy introduced by Prime MinisterMahathir Mohamad. The objective was achieving economic growth, while ensuring that accrued benefits reached all sections of society.[1] The National Development Policy replaced theNew Economic Policy (NEP) in 1990 but continued to pursue most NEP policies of affirmative action forbumiputera. TheMalay share of the economy, though substantially larger, was not near the 30% target according to government figures. In its review of the NEP, the government found that althoughincome inequality had been reduced, some important targets related to overall Malay corporate ownership had not been met. This policy was adopted in 1991 for a period of 10 years and it was succeeded by theNational Vision Policy (NVP) in 2001.
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