20% oil royalty has to wait

20% oil royalty has to wait

The Borneo Post - News·2019-09-14 09:56

PETALING JAYA: The government wants to fulfil its promise of giving 20% of oil royalty to Sabah and Sarawak 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.

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Government SE Asia

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