The financial state of Malaysian states

By Our Oil Economist

March 2015 UTTER ECONOMICS
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Which states are the richest, which are the poorest and, perhaps more interestingly, how do states make their buck?Where is the money coming from for each state in Malaysia? An obvious answer, for richer states like Sabah, Sarawak and Terengganu, is oil and gas and other natural resources. Developed urban states such as Selangor and Penang on the other hand get their money from taxes and land premiums. Penang Monthly examines the source of monies for the states of Malaysia,...

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