Economist Doris Liew warned

Economist Doris Liew warned that this reallocation of resources would strain the government’s revenue streams. “The Malaysian government’s fiscal consolidation strategy is under threat as diminishing petroleum revenues coincide with increasing operating expenditures,” said Liew of the Institute for Democracy and Economic Affairs. In 2024, Petronas was expected to contribute an annual dividend of 32 billion ringgit (U.S. $7.11 billion), analysts noted without commenting on expectations for this year. James Chin, professor of Asian Studies at the University of Tasmania, estimates that Sarawak could see an additional 10 billion to 20 billion ringgit ($2.22 billion to $4.44 billion) annually from this move. These funds will likely be used for “infrastructure projects, a sovereign wealth fund, and state-run businesses,” he said. สล็อต