Freezing toll prices in 2023 will lead to greater hikes in 2024, transport committee to hear

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The Oireachtas Transport Committee will hear today that freezing toll prices in 2023 will lead to greater hikes in 2024

Image: Shutterstock FREEZING TOLL CHARGES for 2023 will force Transport Infrastructure Ireland to impose even larger hikes in 2024, the Oireachtas Transport Committee will hear today.

Walsh’s opening statement says: “This revenue is used to fund the asset renewal, operation and maintenance of the national road network. The 5,300km of national road network is essential to the economic and social life of the country. Prices can’t rise more than the rate of inflation and all nine roads will increase their tolls by the “maximum” level possible, keeping up with the 8.9% inflation that occurred between August 2021 and 2022.

TII previously announced that they do not plan on changing tolls for the Port Tunnel but the M50′s tolls will rise by 20 or 30 cent depending on the vehicle category.A car on the M50 with a pre-registered tag will cost €2.30 from January, up from the current €2.10 charge.

 

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And why put the price up as they are making profit already? Was it not the deal?

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