RM400 million in petroleum payments made to Kelantan in two years | The Malaysian Insight

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RM400 million in petroleum payments made to Kelantan in two years

Finance Minister Tengku Zafrul Tengku Abdul Aziz says the royalties paid to Kelantan in 2020 and 2021 were a multi-fold increase on the RM28 million paid in 2019. – The Malaysian Insight file pic, January 16, 2022.

THE federal government has channelled RM400 million in petroleum payments to the Kelantan government for the year 2020 and 2021, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. He said the payment was made directly to the state government based on 5% of the state’s petroleum revenue. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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