KOTA KINABALU: The Sabah Government has established two committees under the State Ministry of Finance—JPP-KKNS and SALIC—to improve performance, accountability, and financial discipline in Statutory Bodies and State GLCs.
Chaired by the Assistant Minister of Finance, JPP-KKNS monitors underperforming entities, while SALIC evaluates loan and investment proposals for viability and returns.
Advertisement
From 2026, CEOs and top managers must submit quarterly performance reports to the Chief Minister to track projects, finances, and KPIs.
So far, public agencies have contributed RM125.37 million in dividends, with notable contributions from entities including SMJ Energy, Sabah Credit Corporation, Innoprise, and Sabah Energy Corporation, as well as Bursa-listed companies like FGV Holdings and Petronas Dagangan.
The government also acknowledged efforts from agencies supporting conservation, tourism, fisheries, and development.
