KUCHING: The historical milestone achieved through the payment of state sales tax (SST) by Petroliam Nasional Berhad (Petronas) recently will allow Sarawak to garner a huge income in years to come.
Local Government and Housing Minister Datuk Seri Dr Sim Kui Hian said Sarawak could get an annual income of RM12 billion to RM15 billion by 2023, rather than just the RM6 billion achieved in 2018.
“Thanks to the challenging 22 months of Pakatan Harapan federal government, even with them trying to bankrupt Sarawak, the Gabungan Parti Sarawak (GPS) government used its own ways to find funds.
“By 2023, within five years Sarawak’s whole year income will be RM12 billion-RM15 billion, the beginning of a strong and prosperous Sarawak.
“No one will able to stop us from becoming a strong and prosperous state if we remain united and don’t let any outsiders try to divide us,” he said in a Facebook post today.
He was commenting on the payment of SST by Petronas to the state government to the tune of RM2.956 billion after a protracted legal saga between the duo.
Dr Sim thanked Prime Minister Tan Sri Muhyiddin Yassin for facilitating an amicable settlement on the federal government’s side.
“Thank you very much Petronas for paying up the RM2.956 billion, it is fitting of an international company in the Fortune Top 500.
“Thank you, Shell, Murphy Oil, Pertamina and Sapura OMV for paying the five percent SST for 2019 amounting to RM1.34 billion last year,” he said.
Dr Sim said the SST, which was first proposed in 2018, netted an approximate RM4.3 billion in income for Sarawak in 2019, its first year of implementation.
“Indeed, there are many zeros to the amount, which not surprisingly led to many of the opportunistic politicians unable to count by making various misleading statements.
“Of course, our petrol prices in Sarawak remain the same, it will not increase as claimed by some of the politicians back in 2018.”