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By Nur Ashikin Louis
KUCHING, Oct 9: The Sarawak government has received a total return of RM6.8 billion from imposition of State Sales Tax (SST) on petroleum products, for a period from 2019 to September this year.
Chief Minister Datuk Patinggi Abang Johari Tun Openg said that such income was part of the government’s creative move in implementing ‘revenue re-engineering’ that will give a bigger return for the State’s economy.
This, he said, eventually cushioned the impact of economic downturn of the State due to Covid-19 pandemic, as it increases the State’s return from RM6 billion to RM10 billion.
“With the revenue, the State has the capability, through the implementation of Bantuan Khas Sarawakku Sayang (BKSS) assistance packages, to absorb the impact of the Covid-19 pandemic, particularly its impact on the people, on small traders as well as small and medium industries,” he said, when delivering his speech at the State Banquet, in conjunction with Head of State Tun Pehin Sri Abdul Taib Mahmud’s 85th birthday celebration, held at Borneo Convention Centre Kuching (BCCK) tonight. — DayakDaily