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."
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya (SMJ) when it posted record high state revenue of RM6.973 billion last year. Read more * Read full report in tomorrow's print paper or log in or sign up for e-paper and premium online news access.
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