Abang Jo fears withdrawal of incentives for Sarawak over ‘high-income’ status

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Abang Jo fears withdrawal of incentives for Sarawak over ‘high-income’ status
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Abang Jo fears withdrawal of incentives for Sarawak over ‘high-income’ status FMTNews FMTEng

Abang Johari Openg reminded the government that Sarawak was not a party to the World Bank, which had categorised the state as ‘high-income’ based on data obtained from the statistics department.

He urged the federal government not to withdraw the allocations because the state still had much to do to raise the income of the rural community, Malay Mail Online reported. Earlier this month, World Bank economist Apurva Sanghi said Sarawak’s gross national income exceeded the high-income threshold of US$13,205 . This was based on the World Bank’s conversion of the data obtained from the statistics department of Malaysia.

“What we are doing now is we are going to have a policy to distribute that wealth to the people through our various projects under the Post-Covid-19 Development Strategy 2030,” he said.

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