Dr M: No immediate toll abolition in manifesto, gov't open to rate reduction

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Government is capable of shouldering the burden of a reduction in toll rates, says Mahathir.

Prime Minister Dr Mahathir Mohamad has quoted the words in the Pakatan Harapan manifesto with regard to the promise to abolish tolls.

“When I said we did not promise to abolish tolls, I was referring to the manifesto which mentioned 'the government will review toll concession agreements and discussions would be held to secure the best price to take over each concession with the ultimate aim of abolishing toll collection in stages',” he added.

In a statement this afternoon, Mahathir said the government, however, is capable of shouldering the burden of a reduction in toll rates. Mahathir said research showed the government would have to spend tens of billions of ringgit to acquire the concessions and billions more must be spent to maintain the highways.“The previous government racked up a debt of a trillion ringgit. The debt must be repaid to avoid bankruptcy. Paying interests alone has cost billions.

 

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