Sarawak ‘berpendapatan tinggi’ harus bantu negeri miskin, kata Dr M

Free Malaysia Today

Bekas perdana menteri Dr Mahathir Mohamad berkata Sarawak, yang kini berstatus berpendapatan tinggi, harus menyokong pembangunan negeri-negeri yang kurang membangun.  Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/10/28/sarawak-berpendapatan-tinggi-mesti-bantu-negeri-lebih-miskin-kata-dr-m/  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/10/28/high-income-sarawak-must-help-poorer-states-says-dr-m/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #BeritaFMT #DrMahathirMohamad #TengkuRazaleighHamzah #RoyaltiMinyak

Transcript

00:00Former Prime Minister Dr Mahathir Mohamad Berkata, Sarawak, which is now a high-income country,

00:07must support the development of underdeveloped countries.

00:11Sarawak by itself is already making a lot of money.

00:15Its budget is 11 billion, which is very high compared to, say, Kedah.

00:21Kedah's budget is only 700 million.

00:25Initially, of course, both Sarawak and Sabah were poor,

00:30and the federal government had to support them.

00:33But now, of course, they have become rich,

00:36and it is time that they support the other poor countries also, poor states.

00:43Recently, Sarawak's wealth has increased rapidly,

00:46when a large part of its income in 2023 is closely related to the production in the oil and gas sector.

00:54In that year alone, Sarawak acquired 2.8 billion ringgit,

00:59through royalties under the Petroleum Development Act 1974,

01:03as well as additional sales interest on oil and gas revenues,

01:07which saw it acquire an additional income of at least 3.4 billion ringgit.

01:13Former Finance Minister Tengku Razali Hamzah also recalled

01:17that at the beginning of Malaysian growth, all 13 countries had limited resources,

01:22pushing for the decision to collect resources for the benefit of the country.

01:26The Petroleum Development Act has been revoked,

01:28subsequently brought to Petronas,

01:31and the entity is given the sole right to manage oil and gas activities

01:35both inside and outside of Malaysia.

01:38With the resources available,

01:41we could have a start, a new beginning.

01:48We could really make use of the oil wealth

01:52for the building up of the country, let it grow together,

01:56and let people benefit.

01:58The revocation of the Petronas Law and Formation

02:01marked a change in the direction of nationalizing oil resources

02:04with the agreement on the distribution of revenue to the country.

02:07And it became what it is,

02:10because it's Raman Yaakob who proposed.

02:13Tengku Razali said this formula ensures an equal payment

02:17for all countries.

02:18Every oil producer gets 5% of their oil value,

02:23as agreed by all state governments and cabinet.

02:28Several countries have been pushing for greater oil royalties,

02:33including Sarawak which is trying to transfer power

02:36and oil and gas revenues from Petronas to Petros,

02:40an entity owned by the state government.

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Transcript

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