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


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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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

Immigration busts fake document syndicate, three foreigners nabbed
Economy Minister: Over 70% of blending depots ready for B15 biodiesel mandate
Over 4,700 retrenched in April 2026, says Economy Minister
M'sia pursuing trade deals with Australia and China for raw materials, says Economy Minister
Soldier claims trial to sexual assault of two children in Melaka
TNB ready to assist in KLIA power disruption probe
Sabah Electricity meets rising demand
'Zombie drug' openly sold at some vape outlets, say cops
Drug syndicate busted in Klang Valley raids, 19 arrested
Two Court of Appeal judges elevated to Federal Court

Others Also Read