PBB urges Sarawak govt to set up Petroleum Heritage Fund to help students and senior citizens

November 15, 2020

Yeah, and set one up for Sabah and other states as well. Or set it up to to counter corruption and inefficiency in the bureaucracy. Just saying.

Dateline 2020-10-25, The Malay Mail:

Parti Pesaka Bumiputra Bersatu (PBB) senior vice president Datuk Seri Fadillah Yusof today urged the state government to set up Sarawak Petroleum Heritage Fund (SPHF), using state sales tax (SST) payment from oil and gas companies.

“Perhaps a budget of RM1 billion could be considered for SPHF in the 2021 State Budget,” he said at the PBB special mini-convention for the southern zone at the Borneo Convention Centre Kuching (BCCK) here.

Fadillah said the funds will enable the state government to provide free higher education in the form of scholarships or grants to all Sarawakian students.