PKR: Approved Permit to be revamped for cheaper cars

The revamp of the controversial Approved Permit (AP) system will be among steps taken to bring about Pakatan Rakyat's plan for cheaper cars through the abolition of excise duty, says PKR strategy director Rafizi Ramli.

"We are looking into how the APs are managed. We all know that the AP is a source of wealth for cronies. 

"We will see how this source of income can balance out the revenue lost from the excise duty," Rafizi told a press conference at the PKR headquarters in Petaling Jaya this afternoon.

The entire mechanism of the plan, he said, would be announced next week by PKR supremo Anwar Ibrahim.

"In the following weeks, we will conduct sessions to explain how we will manage the AP to support the restructuring of the (car) tax system," Rafizi said, adding that this was on top of putting controls on the national budget.

[More to follow]