Govt can't afford to pay 20% oil royalty to S'wak for now

  • Nation Premium
  • Friday, 13 Sep 2019

KUALA LUMPUR: The government wants to fulfil its promise of giving 20% of oil royalty to Sarawak instead of the current 5%, but is currently unable to do that, as the country is saddled with a huge debt left from the previous administration, says Lim Guan Eng.

The Finance Minister said because of the "legacy issue," the current Pakatan Harapan government was unable to carry out the promise.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Eliminate role of middlemen in agriculture sector, says PM Premium
Vice Admiral Roslan is new NTF commander Premium
Dry season: Sufficient underground water reserves to face eventualities, says Nadma Premium
Corruption: Prevention is better than cure Premium
HFMD: Nurseries the main vector for outbreaks, says Johor health exco Premium
Kedah govt to fight rice 'cartels', ensure better yields, says Sanusi Premium
Bersih, Malaysian Bar fail to refer constitutional questions on emergency to apex court Premium
UKSB sponsored Ahmad Zahid's overseas trips, wife's birthday celebration, says witness Premium
Involvement of professionals crucial for ongoing development and construction projects, says Dr Wee Premium
Melaka school seeks public help to build multi-purpose hall Premium

Others Also Read