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Sabah may appoint own 40pc net revenue assessor if no agreement with fed by July, says Masidi
Published on: Monday, April 22, 2024
By: Jozie John
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Sabah may appoint own 40pc net revenue assessor if no agreement with fed by July, says Masidi
The state Finance Minister said the amount to be agreed upon is still pending as there has been no clear answer from the federal government. (Bernama file pic)
Kota Kinabalu: Sabah may appoint its own independent assessor to calculate the 40 per cent net revenue owed by the federal government if no agreement is reached by July, said Datuk Seri Masidi Manjun.

The state Finance Minister said the amount to be agreed upon is still pending as there has been no clear answer from the federal government.

“It takes two to tango. We made eight requests for the data to determine the amount that we should be demanding from the federal government but until now there has been no reasonable answer from the federal government," he said at a state legislative assembly sitting, here, Monday.

“We agreed to the one-year negotiation period which expires in July. If no consensus is reached regarding the 40 per cent net revenue entitlement, it is up to Sabah to take the option to appoint an independent assessor."

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Keywords:
sabah 40 percent, sabah 40pc revenue, masidi manjun, masidi 40 percent




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