Sabah think tank wants time frame for return of revenue owed

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Sabah think tank wants time frame for return of revenue owed
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Sabah continues to be poor and underdeveloped, unlike the peninsula, despite being rich in natural resources, says Institute for Development Studies Sabah. FMTNews

Under the Federal Constitution, Sabah is entitled to receive 40% of the net revenue derived by the federal government in the state.

“Now the federal government tells Sabah it does not have enough money and therefore unable to return Sabah’s money. It should indicate some seriousness by providing some realistic time frame for the payment to be made.” “ will save the trouble and hassle of taking the whole 100% only to return the 40% at a later date,” he said at a Budget 2020 roundtable dialogue here today.

Under the Federal Constitution, Sabah is entitled to receive 40% of the net revenue derived by the federal government in the state.In November, Finance Minister Lim Guan Eng said Putrajaya had wanted to give Sabah its 40% revenue but did not have enough funds to do so.

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