Rafizi: NEP will be phased out

PETALING JAYA: Pakatan Rakyat will gradually do away with the New Economic Policy (NEP) and move towards a needs-based economic policy if it takes over Putrajaya, said PKR strategy director Rafizi Ramli.

“We are going to move from race-based to needs-based policies and that will automatically phase out the NEP,” he said during a briefing on Pakatan Rakyat's election manifesto here yesterday.