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Liberalisation of economy 'a step backwards'

PAS Youth has strongly lashed out against the new government policy abolishing the 30 percent bumiputera equity rule for 27 service sub-sectors which was announced by Prime Minister Najib Abdul Razak in April.

In a resolution passed during the final day of the PAS muktamar, Youth vice-president Ahmad Sabki Yusof opined that it is a “step backward” that could destroy Muslim bumiputera businesses in the long run.


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