Budget 2024 saw the government increase its allocation for Sabah and Sarawak, with RM12.4 billion allocated cumulatively for the Borneo regions, with RM6.6 billion for Sabah and RM5.8 billion for Sarawak respectively.
He said a new formula for the calculation of special grant to Sabah and Sarawak has yet to be finalised, but it has been agreed that the amount will remain at RM300 million next year for Sarawak.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
