Bigger SST revenue expected for 2021

Abang Johari (front second left) flanked by Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah (front left) and Deputy Chief Minister Datuk Amar Douglas Uggah Embas during a walkabout in Spaoh.

SPAOH: Sarawak expects bigger revenue from its State Sales Tax (SST) imposed on petroleum products for this year.

Chief Minister Datuk Patinggi Abang Johari Tun Openg said he based his optimism on the increasing trend in world oil prices.

“In 2019, when we implemented the SST, Petronas paid us RM2.9 billion which is an additional revenue. Add that together with the other companies, it amounted to RM3.2 billion.

“For 2020, we have received (the SST) payment, but due to the declining oil prices then, we only received more than RM2 billion. In two years, we have been able to get an additional RM5 billion in revenue for Sarawak.

“This year, I see that the oil prices are increasing and if this is the case, there is a chance we will get more (in terms of revenue from SST),” he said during his working visit here today.

Abang Johari said regardless of the income garnered by Sarawak, what matters most was having a competent administration to manage the funds.

“If we do have the income, but our government cannot manage it properly, the money would be gone. But for us in Gabungan Parti Sarawak (GPS), we are competent.

“We have economists. That is why a lot of people envied us as we are peaceful and well managed. We have development projects in rural areas and spent billions on developing infrastructures such as bridges.

“All these are being implemented because the administration is competent and our leaders are honest,” he said.

The chief minister urged the people to back the state government for continued development and political stability.

“With the beduk for the fasting month being sounded, I am worried that another beduk is sounded (the state election). They (the opposition) will say many things, but it is up to the people to decide.

“The internet is akin to a knife, namely it can kill; some use it to improve their knowledge but some use to slander others. But I am not concerned, the people of Spaoh can see what we have done,” he said.