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About three weeks ago, the Minister of Public Works and People’s Housing Basuki Hadimuljono reported that his ministry was looking into extending the concessions of toll roads in an effort to reduce toll road tariffs . Katadata reports that this was in response to an order from President Joko Widodo to reduce toll road tariffs this year, as he had received many complaints from the public that they were too expensive.
This obviously begs the question: how much does extending a toll road concession period lower tariffs? (Spoiler for those who want to skip ahead: comfortably less than 2%).