- October 10, 2019
- Posted by: admin
- Category: Daily News
- Discussions on the percentage of oil royalties for Sabah and Sarawak are still ongoing between the federal and state governments.
- “Discussions on the issue of oil royalties were held in a separate forum involving the Ministry of Economic Affairs and the chief ministers of Sabah and Sarawak. The issue will continue to be discussed,” he said.
- He was responding to a supplementary question by Datuk Seri Maximus Ongkili (BN-Kota Marudu) who wanted to know about the development of discussions on increasing oil royalties to Sabah and Sarawak discussed at a Cabinet Special Committee meeting set up to review the implementation of the Malaysia Agreement 1963.
- Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said the Special Cabinet Committee set up to fine-tune the method of payment of oil royalty claims has been given six months for discussions and to come up with decisions.
- Mohamed Azmin said this would give enough time to make recommendations before the final decision on how to increase the oil royalty from 5% to 20% could be carried out.
- Liew said seven issues had been agreed upon. These include the demand for timber and forest produce export duties; distribution of gas and electrical regulatory power; implementation of Federal and State works projects; manpower; state authority on health issues; administrative management over Sipadan and Ligitan islands and agriculture and forestry issues.