Government Scraps VAT on Essential Foods to Enhance Affordability and Support Agriculture

• Government eliminates VAT on essential food items.
• Aims to make food more affordable for citizens.
• Policy intended to support agricultural value addition.
• Move expected to benefit both consumers and local farmers.
• Part of broader efforts to address food security and economic growth.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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