- Leadership from Sarawak and Sabah consulted regarding the implementation of fuel subsidies.
- Smallholders in Sarawak are lobbying Putrajaya, calling on the central government to review the current diesel subsidy scheme.
ACCCIS Calls for Increased Federal Funding and Diesel Subsidy Review for Sarawak
What happened
The Associated Chinese Chambers of Commerce and Industry of Sarawak (ACCCIS) has called for increased federal funding and a review of the current diesel subsidy mechanism under the 2027 National Budget. A body representing SMEs in Sarawak, ACCCIS stated that higher allocations are needed to enable the Sarawak government to accelerate infrastructure and economic development projects. The organization noted that the operational requirements of sectors like transportation, fisheries, agriculture, plantations, and construction vary significantly due to Sarawak’s vast geography.
From theborneopost.com
Why it matters
ACCCIS argues that increased allocations would help narrow regional development disparities and promote more balanced national growth. The organization stated that the diesel subsidy mechanism should be assessed based on actual operational needs to ensure targeted assistance and reduce resource misallocation. This fiscal policy shift is intended to create opportunities for businesses to invest, create jobs, and achieve better incomes.
Smallholders in Sarawak are lobbying Putrajaya, calling on the central government to review the current diesel subsidy scheme.
From theborneopost.com