cannot reduce tarrif because profit will drop.
Raise price then GDP can increase.
Each ministry must maintain high prices so that GDP can be maintained.
Why? Variable bonus of top civil servants tied to GDP mah - you didn't know meh?
That is why HDB prices are market based, not cost based.
Someone should work out - with a person earning $1200, buying our public housing for the first time in Jurong, after paying all the HDB loans and interest, how much in the CPF would he have for retirement?
Or should he jump into MRT first?
Oh, no wonder Minister of Health is now promoting Euthanasia.
Lesser govt expenditure on heath care - his bonus higher mah.