The Minister of Finance on July 23, 2024, presented the 2024 mid-year budget review to parliament.
The 2024 mid-year budget focuses on tax administration measures to support the effective implementation of tax measures already enacted, particularly those related to digital solutions.
However, the 2024 mid-year budget also proposed exempting active pharmaceutical inputs and finished products from value added tax (VAT) and re-introducing road and bridge tolls.
Source KPMG
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