Kelantan thanks federal gov't for oil royalty

25 Jun 2018 / 23:05 H.

KOTA BARU: The Kelantan state government is grateful to the federal government for agreeing to give it oil royalty as stated by Prime Minister Tun Dr Mahathir Mohamad during the recent National Finance Council Meeting.
Mentri Besar Datuk Ahmad Yakob in a statement here today that he had called on Mahathir at the premier's office at Perdana Putra, Putrajaya.
"During our meeting, I expressed the state government's desire for federal projects in Kelantan to be continued and completed.
"Hopefully this courtesy call would be followed by formal cooperation between state government executive committees and federal ministers for the good and well-being of the people in Kelantan," he said.
He said he also congratulated Mahathir on his appointment as Malaysia's seventh prime minister after the 14th General Election on May 9.
On Jun 7, Terengganu Mentri Besar Dr Ahmad Samsuri Mokhtar was reported as saying that the federal government had agreed to channel at least 5% of the oil royalty directly to the oil producing state.
He said the matter was agreed to at the National Finance Council Meeting 2018 chaired by the prime minister at the Finance Ministry.
He said Mahathir announced that states including Terengganu would receive oil royalty directly to its coffers.
Terengganu has not received any oil royalty since 2000 and only received compassionate funds.
Sabah and Sarawak received 5% oil royalty while Kelantan had also been receiving compassionate funds since 2010. — Bernama

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