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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Zambry: Higher education institutions told to monitor haze situation
Haze: Stronger bilateral action needed on forest fires, says assemblyman
Zara Qairina would’ve remained in coma had she survived, says father
Court of Appeal reserves decision in Negri Sembilan Undang legal battle
Former Sabah CM Salleh receives stitches after fall
Alleged kingpin killed as cops bust drug syndicate
Ipoh sinkhole under repair, says council spokesman
Man jailed for demanding RM200 to return stolen iPhone
Missing six hikers uncontactable since Sept 1, say Gua Musang cops
Joint SAR ops underway for six missing hikers in Lojing, says Gerik cops

Others Also Read