Budget 2024 Get Rid Of Monopolists Starting With Toll Collection


 

Highways and road networks form a pivotal transportation spine, driving the country’s economic pulse, bolstering commercial activities and forging social links.
For that reason, it is imperative that the government oversees these highways and road networks competently and efficiently.
In doing so, it should maintain impartiality and avoid siding with businessmen and highway concession firms whose interests are usually at odds with the rakyat.
The government’s actions must epitomise fearlessness and fairness, prioritising ordinary Malaysians over the self-serving interests of corporate entities.
The paramount consideration should be ensuring that our roads and highways boast robust safety features, with accident mitigation high on the ministry’s agenda.
Monopolistic tendencies
It is crucial that the government probe the monopolistic tendencies among pivotal highway stakeholders and purge firms that engage in profiteering.
Revamping our toll payment systems would be a good place to begin.
While the problem appears simple, its solution is intricate.
Failing to discern the most optimal solutions for such elementary issues casts the government in an unfavourable light, painting it as inept.
A prime example would be the statement made by the deputy works minister in Parliament earlier this year that the government has allocated RM3.46 billion to study the benefits of implementing a multi-lane free flow system (MLFF) for toll collection on our highways.
This is absurd. The works ministry should not be spending public funds to support the private sector’s interest of determining the best method for toll collection.
Instead, the government ought to be scrutinising the monopolistic framework of highway operations to eliminate such policies and practices.
National policy across all economic and commercial spheres should make monopolistic enterprises that benefit only a select few Malaysians relics of the past.
The crux of the issue is the technical incompetence of policy influencers, which prevents them from harnessing the best value for Malaysians without exorbitant costs.
In Malaysia, multiple vested interests tend to intervene to weaken the rapport between the government and the rakyat, a longstanding weakness which the Madani government must address.
Payment systems
One example is where interested factions engage in toll collection.
In general, toll concession firms tend to resist the entry of third-party entities as collectors of toll on their behalf.
They argue that such methods would dent their toll revenue, which, in all fairness, is a valid concern.
Furthermore, these third-party collectors are in a position to amass wealth, as the arrangement would see them receive payment first before disbursing them to the toll concession firms.
It’s only natural for highway concession companies to desire autonomy over their revenue streams.
Unless the government (rather than another private entity) assumes ownership and control of this third-party payment system, such a conflict is bound to persist, exacerbating the plight of highway users.
Creating another monopolistic entity to manage the payment systems for our highways is a strategy we should abandon at once.
In fact, this ethos should resonate across other sectors as well, including car and food (especially rice and meat) imports, as well as other consumer goods.
The corporate monopoly concept can be traced back to the reign of former prime minister Dr Mahathir Mohamad. In hindsight, we can say that it is a flawed legacy which has marred our economic landscape for years.
It is high time the Madani government takes decisive action to dismantle these monopolistic regimes across the entire government, starting at our highways’ toll gates.
Budget 2024 gives them the perfect opportunity to do so. - FMT
The views expressed are those of the writer and do not necessarily reflect those of MMKtT.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2023/10/budget-2024-get-rid-of-monopolists.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Army Veterans Hope Budget 2024 Brings Better Pension Deal

Army Veterans Hope Budget 2024 Brings Better Pension Deal

papar berkaitan - pada 9/10/2023 - jumlah : 149 hits
Shahruddin Omar president of the Veterans Association of Malaysian Armed Forces said members are still fighting for a better pension deal 10 years after the government amended the law PETALING JAYA Army veterans who retired before 2013 are ...
Budget 2024 Address Worsening Climate Impact

Budget 2024 Address Worsening Climate Impact

papar berkaitan - pada 10/10/2023 - jumlah : 323 hits
Nature is essential for our people economy and our future it provides the food we eat the air we breathe the water we drink and holds within it the foundation for life But nature is in crisis Globally we have seen an alarming increase in em...
Ringgit Gains Amid Anticipation Of Budget 2024

Ringgit Gains Amid Anticipation Of Budget 2024

papar berkaitan - pada 11/10/2023 - jumlah : 190 hits
KUALA LUMPUR The ringgit experienced a slight increase in value against the US dollar when trading ended today with most traders eagerly anticipating goodies from Budget 2024 which will be tabled on Friday SPI Asset Management managing part...
Budget 2024 Don T Tax The Poor Or The Rich

Budget 2024 Don T Tax The Poor Or The Rich

papar berkaitan - pada 11/10/2023 - jumlah : 228 hits
Unfortunately in many cases the same designers of past policies are in charge of policy design now and this is the main problem Geoffrey Williams Free Malaysia Today The government should not reintroduce GST on spending or raise taxes on in...
Smes Hope For 2 Tax Cut In 2024 Budget

Smes Hope For 2 Tax Cut In 2024 Budget

papar berkaitan - pada 9/10/2023 - jumlah : 276 hits
Small business owners also ask that vocational training be sponsored for B40 applicants to improve the skills of the talent pool GEORGE TOWN Groups representing over 20 000 small and medium enterprises hope the 2024 budget will provide a 2 ...
Missed Opportunity For Transport In Budget 2024

Missed Opportunity For Transport In Budget 2024

papar berkaitan - pada 19/10/2023 - jumlah : 284 hits
Budget 2024 missed a beat particularly from the viewpoint of transport Funnelling taxpayers money to support highway concession firms always sparks vital financial and economic debates In Budget 2024 the emphasis was on using funds in the p...
Special Grant To Sarawak Will Remain At Rm300m In 2024 Budget Says Fadillah

Special Grant To Sarawak Will Remain At Rm300m In 2024 Budget Says Fadillah

papar berkaitan - pada 30/9/2023 - jumlah : 228 hits
Deputy prime minister Fadillah Yusof said the new formula for the calculation of the special grant had yet to be finalised PETALING JAYA The special grant to Sarawak will remain at RM300 million for the 2024 budget says deputy prime ministe...
Reduce Subsidies In Budget 2024 Say Consumer Groups

Reduce Subsidies In Budget 2024 Say Consumer Groups

papar berkaitan - pada 4/10/2023 - jumlah : 289 hits
Malaysia Consumers Movement secretary general Sukhdave Singh wants the government to adopt an autarkic policy aimed at achieving self sustainability in food production PETALING JAYA Consumer groups are calling on the government to use Budge...
Ministry Not Pushing For Ptptn Loan Repayment Discount In Budget 2024

Ministry Not Pushing For Ptptn Loan Repayment Discount In Budget 2024

papar berkaitan - pada 4/10/2023 - jumlah : 299 hits
Higher education minister Khaled Nordin said the finance ministry would make the final decision regarding the PTPTN loans PUTRAJAYA The higher education ministry does not plan to seek a continuation of the National Higher Education Fund Cor...
Kathryn And Sydney S Fantastic Pantyhose Adventure Part One

Orang Tua Sekarang Membunuh Anaknya Secara Halus

Seorang Sahaja Zul Ariffin Tersasul Doa Minta 4 Isteri

The American Society Of Cinematographers Over And Above The Frame Casin

Kenaikan Pangkat One Off Bagi Gred 9 10 11 Sspa

Isu Artis Mangsa Buli Syafiq Yusof Gesa Produksi Main Peranan Perlu Wujudkan Suasana Friendly

15 Creative Diy Fall Garlands To Spruce Up Your Autumn D Cor

Apabila Wanita Tertinggi Dan Paling Pendek Bertemu


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


3k 2025 Siap Sedia Sebelum Terlambat

Mahazalim Mahafiraun Mahakaya Why Didnt You Call Him Mahaliwat

What Grade Does Faisal Deserve For Abim S Role On Race Religion

Trump S Victory Shows Power Of Greed And The Ultra Rich

12 Perkataan Baharu Yang Dimasukkan Kamus Dewan Bahasa Dan Pustaka

Lirik Lagu Kamu Tak Sendiri Jemimah Cita