He said the 18% deduction of toll charges on all PLUS highways announced under Budget 2020 on Oct 11 would stand even if the highways were acquired by the government.
"It must be fiscal positive. It must not increase our debt load, our debt burden or the government debt servicing charges," said Lim when asked if the takeover of any of the privately-owned PLUS highways would void the discount promised. Lim said in the Budget 2020 speech on Wednesday that the takeover first announced by the Finance Ministry in June had been approved by the Cabinet.
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