Azmin reiterates federal govt's commitment to 20% oil royalties under MA63


KOTA KINABALU: The federal government is committed and will fulfil terms of the Malaysia Agreement 1963 and give back 20% royalty to oil-producing states, says Datuk Seri Azmin Ali.

The Economic Affairs Minister said a special cabinet committee has been set up to oversee this and they have six months to come up with recommendations to implement the 20% royalty.

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