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IMF wants gov't to take 'decisive' action on NEM
Published:  Aug 14, 2010 10:39 AM
Updated: 8:17 AM

The IMF asked Malaysia to take "decisive" action on reforms under a model programme aimed at revamping a controversial four-decade-old affirmative action policy.

Malaysian Prime Minister Najib Razak announced in March a "New Economic Model" or NEM, aimed at reforming elements of the policy favouring the country's majority ethnic Malays in a bid to boost economic competitiveness.


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