Datuk Amar Dr Sim Kui Hian, Deputy Premier of Sarawak, revealed that most local authorities in the state are struggling financially due to assessment rates that haven't been revised since the 1960s. While other states have increased their rates, Sarawak remains reliant on outdated records. Dr Sim announced that Premier Tan Sri Abang Johari Tun Openg and the cabinet have agreed to compensate local councils for lost revenue starting next year.
SIBU: Most local authorities in Sarawak are facing financial difficulties due to outdated assessment rates , which have not been revised since the 1960s, says Datuk Amar Dr Sim Kui Hian.
"While salaries and the cost of living have increased, assessment rates remain unchanged. In contrast, other states like Penang and Selangor have raised their rates by as much as 25%. He also announced that Premier Tan Sri Abang Johari Tun Openg and the cabinet have agreed to compensate local councils for their lost revenue starting next year.
FINANCE ASSESSMENT RATES LOCAL GOVERNMNET SARAWAK REVENUE
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