National Development Policy

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This article is part of a series about Mahathir Mohamad
Early life Electoral history Political positions Awards and honours Prime Minister of Malaysia First term (1981-2003) North-South Expressway MSC Malaysia Proton Holdings Wawasan 2020 National Development Policy 1993 constitutional amendment Bangsa Malaysia Operation Haze IMT-GT Reformasi "Asian values" Putrajaya Petronas Towers Second term (2018-2020) Shared Prosperity Vision 2030 International trips THM fund Borneo states bill 2020 political crisis Cabinets I II III IV V VI VII Political parties UMNO (1964–2016) BERSATU (2016–2020) PEJUANG (2020–2023) PUTRA (2023–present) Coalitions Alliance Party (1964–1974) Barisan Nasional (1974–2016) Pakatan Harapan (2017–2020) Gerakan Tanah Air (2022–2023) Family Siti Hasmah Mohamad Ali Mukhriz Mahathir Mokhzani Mahathir Marina Mahathir Related KL War Crimes Commission The Malay Dilemma Citizens' Declaration Asian values Teater Tun Siti Hasmah Mahathir, the Musical Mahathir Science Award Gallery Quotes
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The National Development Policy was a Malaysian economic policy introduced by Prime Minister Mahathir Mohamad. The objective was achieving economic growth, while ensuring that accrued benefits reached all sections of society.^[1] The National Development Policy replaced the New Economic Policy (NEP) in 1990. The Malay 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 although income 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 the National Vision Policy (NVP) in 2001.