In the aftermath of the 1969 riots, the government introduced the "New Economic Policy" aimed at reducing the disparities between different ethnic communities through an increase in the proportion of the corporate wealth owned by "Bumiputras" to 30% by 1990 . The goal was to be achieved by reducing the level of foreign ownership to 30% , the remaining 40% to be owned by Chinese and Indians.
In order to pursue its policy of increasing Bumiputra ownership, the government decreed that the Bank Negara (Central Bank) must make 20 % of its loans to Bumiputra business.
By early 1988 , the government created 500 million US dollar Enterprise Rehabilitation Fund to help banks out of bad loans made to Bumiputras