Senator Datuk Anifah Aman said the Clause 112C and Schedule 10 of the Federal Constitution has stipulated that the Federal Government shall pay 40 per cent of the federal revenue collected to the state government of Sabah.“I am grateful to the Federal Government for having already paid RM300 million to the state government of Sabah as interim payment.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more “That is our right, with permission.
Meanwhile, he said another initiative to fulfil the Malaysia Agreement 1963 is to allow the Sabah government to issue manufacturing licences.For now, investors that come with a value of RM2.5 million would require the manufacturing licensing from the federal government. “This indirectly will also help to stimulate the economy by creating job opportunities and increasing tax revenue for the Federal Government,” he added.
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