00:01Prime Minister Datuk Siri Anwar Ibrahim announced that the federal government is considering a new revenue-sharing formula for Sarawak
00:09modelled on Sabah's constitutional entitlement.
00:12He said Sarawak, which lacks a provision similar to Sabah's Article 112D, deserves an equivalent framework.
00:20He said this after chairing the Malaysia Agreement 1963 or MA63 Technical Committee meeting in Kota Kinabalu on Friday.
00:30He said the Finance Ministry and Sarawak Treasury had been tasked with finalising the formula that considers national financial capacity
00:39while setting reasonable minimum and maximum thresholds.
00:43He is expected to announce an interim step for Sarawak in Kuching on Malaysia Day.
00:48Sarawak Premier Tan Sri Abang Johari Openg welcomed the move as a pragmatic win-win solution,
00:55saying that national financial stability must be maintained while aligning the constitution with MA63.
01:02On Sabah's demand for its 40% net revenue entitlement, Anwar said the federal government had agreed to raise the
01:10state's interim grant to RM1.5 billion from this year while negotiations continue.
01:21On Sabah's demand for its 40% net revenue at RM1.5 billion from this year,
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