Gan Thiam Poh on Significant Infrastructure Government Loan Bill

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Gan Thiam Poh on Significant Infrastructure Government Loan Bill

(Updated: )

The Significant Infrastructure Government Loan Bill sets out the parameters for major infrastructure projects to be financed by borrowing that will benefit future generations, said MP Gan Thiam Poh. Speaking in Parliament on Monday (May 10), he said more can be done to guard against burdening future generations, as such borrowing needs to be repaid. He suggested ways to lessen the burden of taxes on the low-income groups. These include generating revenue from services provided by the infrastructure projects through the collection of tolls and fees.

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