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Saturday, January 20, 2018

Harapan: Sarawak can keep 50pct tax revenue, 20pct oil and gas royalties



Pakatan Harapan’s Sarawak manifesto pledges that the state will retain 50 percent of all tax revenues collected in the state.
The state will also receive 20 percent from oil and gas royalties or its equivalent value from the federal government, according to the manifesto titled ‘New Deal for Sarawak Part Two’, which was released today.
“The government of Sarawak shall use these funds to shoulder the fiscal responsibility of the federal government in education and health,” the manifesto states.
Harapan also promised to set up a Petronas equivalent in the state, to be named Sarawak Petrogas, which would be wholly owned by the state government.
Sarawak Petrogas, which will be directly answerable to the Sarawak legislative assembly, will jointly manage oil and gas resources within the territorial borders and waters of Sarawak, together with Petronas, the manifesto says.
This is similar to Petroleum Sarawak, an oil and gas company started by the current Sarawak state government, which is meant to be an equal partner with Petronas for oil and gas activities in the state.
'State can localise education syllabi'
With the decision rights returned to Sarawak in education and healthcare, the state can localise the education syllabi, review staffing and administrative policies, improve and upgrade the quality of all hospitals in the state and equip hospitals with cancer and heart centres, among others.
Harapan will also focus on speeding up the supply of clean water and electricity to all houses in Sarawak, both suburban and rural, as well as roads connecting rural native heartlands to stimulate economic growth in the interiors of Sarawak.
It will also ensure top priority is given to competent and eligible Sarawakians for employment and promotion in federal government departments and agencies in Sarawak.
World-class coaching facilities and a sports institute will be developed in Sarawak, the manifesto states, to equip and harness the potential of Sarawakian athletes.
Aside from its commitment to restore Sarawak to its original status within the context of the Malaysia Agreement 1963, Harapan said it would also form a Royal Commission to review various legislations that affect Sarawak’s rights to its natural resources.
These legislations include the Continental Shelf Act 1966, the Petroleum Development Act 1974 and the Territorial Sea Act 2012.
Harapan said Part Three of its New Deal for Sarawak would be released at a later date.- Mkini

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