Reuters, Wil­liam Pesek

Business Daily (Kenya) - - IDEAS & DEBATE -

Prime Min­is­ter Na­jib Razak says his 2018 “mother of all bud­gets” will pro­pel Malaysia into the ranks of the world’s top economies. Its $1.5bn of hand­outs will en­rich farm­ers, ish­er­men, rub­ber traders and other in­ter­ests. In terms of up­grad­ing com­pet­i­tive­ness, it falls woe­fully short. Na­jib has talked re­forms since he as­sumed con­trol of the United Malays Na­tional Or­gan­i­sa­tion

— the party that has dom­i­nated the coun­try for 70 years — in 2009. He pledged to dis­man­tle a 46-year-old pro­gramme which af­forded the eth­nic Malay ma­jor­ity pre­ferred ac­cess to gov­ern­ment jobs, uni­ver­si­ties and hous­ing.

NA­JIB RAZAK Malaysia Prime Min­is­ter

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