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2 clusters · 5 sources · 6 days · First seen · Last updated

Malaysian federal-Sarawak financial relations

Overview

The relationship between the Malaysian federal government and Sarawak has centered on financial allocations and revenue management. Prime Minister Anwar Ibrahim announced that the annual special allocation for Sarawak will increase to RM1.5 billion starting in 2026, up from the previous RM600 million. This move is intended to honor the spirit of the Malaysia Agreement 1963 (MA63).

In response to discussions regarding federal spending, Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg stated that the state’s revenue exceeded total federal allocations received between 2022 and 2025. Additionally, the state is planning a transformation of its state-owned enterprises (SOEs), with the Sarawak 2027 Budget expected to address the consolidation or restructuring of entities that lack strategic value or have overlapping mandates.

Entities

Sarawak · Abang Johari Tun Openg · Anwar Ibrahim · Sarawak Ports Authority · Malaysia Agreement 1963

Timeline

  1. 3 days ago

    [BUSINESS] 3 sources
    Sarawak Premier reports revenue exceeds federal allocations

    Sarawak Premier Abang Johari Tun Openg reported that state revenue outpaced federal allocations from 2022 to 2025 and announced plans to restructure state-owned enterprises in the 2027 Budget.

  2. 8 days ago

    [POLITICS] 2 sources
    Sarawak special allocation to rise to RM1.5 billion

    Prime Minister Anwar Ibrahim announced Sarawak's special allocation will rise to RM1.5 billion by 2026, alongside RM500 flight assistance for eligible new public university students.

Sources

dayakdaily.com · ohmedia.my · sarawakdaily.com · theborneopost.com · utusan.com.my