Murali Pillai on Significant Infrastructure Government Loan Bill

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Murali Pillai on Significant Infrastructure Government Loan Bill

(Updated: )

During the debate on the Significant Infrastructure Government Loan Bill in Parliament on Monday (May 10), MP Murali Pillai raised the possibility that projects funded by SINGA bonds under the Act could be aborted. He asked if it would be prudent to require that any government seeking to abandon such projects be able to finance the abortive costs from its current revenue. He also suggested stipulating a minimum percentage of SINGA bonds to be green, to ensure that many future infrastructure projects are sustainable.

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