AFTER a long time, Petroliam Nasional Bhd’s (Petronas) contribution to federal government coffers would see a steep decline.
In 2019, Petronas paid RM54bil and this year, the national oil company has forked out another RM34bil. However, next year, Petronas dividends to the government are expected to drop to RM18bil, according to the federal government revenue estimates.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!