By DayakDaily Team
KUCHING, April 14: The Sarawak government must review its development plans to adapt to global uncertainties arising from the impact of United States’ (US)-imposed tariffs, Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said.
Abang Johari stressed that although Sarawak does not directly export goods to the US, the ripple effects of its economic policies — particularly tariff wars — are disrupting global trade and affecting emerging economies like Sarawak.
“What’s happening among the major powers today, including the tariff wars, does not present a favourable scenario for the global economy, and to some extent, this affects us, even if not directly.
“For instance, due to this uncertainty, oil prices have dropped, and commodity prices have also been impacted.
“Today, oil is priced at around USD65 (a barrel), although we had expected it to be between USD85 and USD90. So, there is an impact on us—specifically, it may affect our revenue,” he said during the Sarawak Premier Department’s Aidilfitri gathering at the State Legislative Assembly (DUS) Complex here, which was streamed live via Sarawak Public Communication Unit (Ukas) Facebook page today.
To cushion Sarawak against these global headwinds, the Premier said there is a need to revisit and refine the State’s development direction and strategic focus under the current circumstances.
“There’s no clear direction in the trade policies between developed and developing countries.
“That’s why, like it or not, we need to pay attention to this uncertain economic climate, and I am confident that we have to revisit our development plan priorities and adjust ourselves accordingly.
“Even though we do not export to the US, their policies still affect the global economy as a whole,” he added.
Abang Johari also called on all levels of government, particularly the civil service, to work closely with the State leadership in recalibrating priorities to better navigate the challenges of a shifting economic order.
“As a result, a ‘revisit’ is needed—we need to revisit how we implement projects and adhere to Cabinet directives.
“I apologise if this adds more work. But more work means more income, which could mean more bonuses. It’s all linked to productivity. We’re considering special allowances.
“So, as long as our fundamentals are strong and we have additional revenue—while also upgrading our workforce—that’s why we’re offering free education starting next year,” he said, adding that this would help Sarawak build a solid ecosystem to adapt to the evolving global economic order. — DayakDaily
