Institutional reforms more vital than toll abolishment

  • Business Premium
  • Saturday, 20 Oct 2018

Likely scenario: Removing tolls completely is not possible. A reduction of rates in the future is possible, but the economic returns from institutional reforms are much greater.

FINALLY, the Pakatan Harapan government has admitted that it is not able to fulfil its pre-election pledge of abolishing tolls. For ordinary folk, it will not go down well, for now.

However, the new government has to make up for its missed promise on tolls with a bigger promise – to reform and revamp institutions to keep corruption and the mismanagement of public funds in check.

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