Government denies plans for new fuel or telecom taxes
The Federal Government has denied reports that it plans to introduce new taxes on telecommunications services and petroleum products. According to a statement by the Ministry of Finance, recommendations from the IMF are not binding and do not reflect official policy. The government emphasized that any tax changes would follow constitutional and legislative procedures. It also reassured citizens that the current tax waivers and repeals remain in effect.
TLDR
- The Federal Government dismissed claims of new taxes on fuel and telecom services.
- Recommendations from the IMF Article IV Consultation Report are not government policy.
- The Value Added Tax waiver on petroleum products remains in force.
- The excise duty on telecommunications, introduced before 2023, has been repealed and is no longer applicable.
- Any future tax decisions will be communicated officially and made in line with legal processes.
