Budget 2024: RM12.4b for Sabah and Sarawak

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KUALA LUMPUR: Efforts to uphold the consensus reached by previous leaders in the Malaysia Agreement 1963 (MA63) will continue under the Unity Governme...

: Efforts to uphold the consensus reached by previous leaders in the Malaysia Agreement 1963 will continue under the Unity Government with an allocation totalling RM12.4 billion set aside for Sabah and Sarawak under the Malaysia MADANI Budget 2024.

“In the spirit of MA63, the federal government has also delegated the power to approve development projects below RM50 million to technical agencies in both states to enhance the effectiveness of these projects,” he said. “The federal and the Sabah governments have also reached an agreement on the transfer of regulatory power over the electricity supply, which will come into effect on Jan 3, 2024.

 

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