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Significance
The initiative is aimed at improving the socio-economic position of ethnic Malay and indigenous people, a sizeable majority in Malaysia. The Barisan Nasional (BN) alliance, led by Zahid’s United Malays National Organisation (UMNO), is a key partner in government to Prime Minister Anwar Ibrahim’s Pakatan Harapan (PH) coalition, for many years a bitter rival.
Impacts
Over the next year, the government will launch further pro-Bumiputera initiatives while attempting to ensure inclusivity in TEB planning.
UMNO may look to use TEB-related programmes as opportunities to expand its networks of patronage.
The promotion of TEB will affirm the long-standing influence of ethnicity and religion in Malaysian politics.
Keywords:
Malaysia,
AP,
economy,
politics,
social,
ethnic,
government,
opposition,
party,
policy,
religion,
corporate,
election,
equities,
finance,
legislation,
public sector,
constitution
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2024
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