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President Implements Temporary Ban on Increasing VAT Rates

  • President has implemented a moratorium on VAT hikes
  • This decision will prevent any increases in VAT rates
  • The moratorium is expected to provide relief to consumers and businesses
  • It is a temporary measure to help stimulate 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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