Last Saturday, DRC Prime Minister Jean Michel Sama Lukonde (photo) signed two decrees suspending VATs on some essential goods, cement, and some products used in the real estate sector for one year.
The suspension is part of the country’s strategy to curb inflation, which is affecting both the economy and the population’s purchasing power.
The decrees, which took effect retroactively, cover the period going from April 15, 2022, to April 15, 2023.
Source: www.ecofinagency.com
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