Singapore received RM2.4b worth of water subsidy from Malaysia since 1962 | Malay Mail

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Singapore received RM2.4b worth of water subsidy from Malaysia since 1962 | Malay Mail
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Singapore received RM2.4b worth of water subsidy from Malaysia since 1962

12 March 2019

“If we count it as water subsidy we have given to Singapore, it is indeed happening. We sell water at a very low price, but buy it back at a much higher price,” Foreign Minister Datuk Saifuddin Abdullah said in reply to Datuk Seri Dr Wan Junaidi Tuanku Jaafar during question time.

On Siti Zailah Mohd Yusoff’s supplementary question, Saifuddin said Malaysia is prepared to refer the case to the international arbitration court if negotiations with Singapore failed. “We should have been in the second phase right now where we look at price modality and what time periods for the price modality and related matters can be achieved,” Saifuddin said.

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