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Government Pledges to Resolve VAT Refund Delays Impacting Private Sector Investment and Cash Flow

  • The government has pledged to address ongoing delays in value-added tax (VAT) refunds, which are negatively impacting business cash flow and growth.
  • The Private Sector Federation (PSF) highlighted VAT refund delays as a major challenge, especially for large investors and projects not yet generating income.
  • PSF called for faster and clearer VAT refund procedures, particularly for new investment projects, to encourage further investment in the country.
  • The government, represented by Prime Minister Justin Nsengiyumva, committed to reviewing tax policies, improving taxpayer support, and building a modern tax system to support private sector growth.

Source: newtimes.co.rw

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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