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Ethiopia Promises IMF New VAT Law to Boost Tax Revenue and Economic Stability

  • IMF approves 340.7 million dollar disbursement to Ethiopia
  • Part of a four-year, 3.4 billion dollar credit facility to stabilize the economy
  • Authorities committed to boosting domestic tax revenue
  • New value-added tax (VAT) law approved to expand revenue base and streamline exemptions

Source: addisfortune.news

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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