Abang Jo proposes trust fund for federal projects in Sarawak





Sarawak premier Abang Johari Openg signing a plaque to open the Sarawak Badminton Association Hall and officiating at the Abang Jo Cup 2022. (Bernama pic)
KUCHING: Sarawak premier Abang Johari Openg has proposed that a state trust fund be established under the finance ministry to regulate federal government funds and projects approved for Sarawak.
He said this new approach was discussed with Prime Minister Anwar Ibrahim, who is also finance minister, at a meeting held yesterday.
“I proposed that a new approach be adopted in the central and state administrative system.
“He has agreed in principle to review the federal-funded development projects in Sarawak,” he told a press conference after opening the Sarawak Badminton Association Hall and officiating at the Abang Jo Cup 2022 today.

Citing an example, he said the RM4.6 billion development fund allocation for the state in the 2022 budget could be put under the trust fund.
Abang Johari said the framework for the establishment of the fund would be determined by a committee under the finance ministry, supervised by the prime minister.







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