KUCHING, Oct 12 2026: Sarawak is projected to collect a revenue estimates of RM15.091 billion next year, the highest ever revenue collected, Premier Abang Johari Openg said when tabling the 2927 State Budget in the State Legislative Assembly (SLA) today.
He said tax Revenue totalling RM6.4 billion or 43 percent of the total expected revenue in 2027, consisting, among others, RM4.6 billion from State Sales Tax, of which RM3.4 billion from crude oil, liquefied
natural gas and other petroleum products; and RM 995 million from crude palm oil and crude palm kernel oil; RM70 million from lottery; RM80 million from aluminium products; RM32 million from ferro-alloys; and RM1.3 billion from raw water royalty;
He said Non–Tax Revenue is estimated at RM6.7 billion or 45 percent, mainly derived from RM2.57 billion from cash compensation in lieu of oil and gas rights; RM2.6 billion from dividend income; RM746 million from interest income; and RM350 million from land premium.
"Federal grants and teimbursements are projected to reach RM1.87 billion mainly from the interim payment of Special Grant amounting to RM1.5 billion," he said.
The premier urged the federal government to expedite the finalization of the formula on the Special Grant so that the obligations under the Malaysia Agreement 1963 (MA63) can be fully honoured.
"This step is not merely financial in nature. It reaffirms the spirit of mutual partnership between the state and the federation and is vital to ensure that Sarawak’s rights under
MA63 and the Federal Constitution are upheld," he said.
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