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Taxpayers may be required to help foot the bill for the operation of the country’s toll roads come September.
Prime Minster Bruce Golding <span style="font-weight: bold">said money set aside from loans which currently fund the operation of the toll roads, is fast depleting. </span>
Jamaican Infrastructure Operator Limited, which manages Highway 2000, has toll roads in Portmore, another which connects Kingston and Portmore to Spanish Town and Clarendon.
But the Prime Minister said <span style="font-weight: bold">the toll being collected is insufficient to service the loan agreement. </span>
It is on this basis that Mr Golding said the Government may be required to step in and fund any shortfalls.
Mr Golding said he has begun to explore the possibility of re-financing the loan at a lower rate.
He said the government borrowed the money to fund the toll road at 10 per cent.
According to the Prime Minister it may be difficult for the government to secure a cheaper rate.