The Democratic Republic of Congo suspends VAT to curb inflation

The Democratic Republic of Congo suspends VAT to curb inflation

The Democratic Republic of Congo suspends VAT to curb inflation

The Democratic Republic of Congo announced on Wednesday (April 20), the suspension of value-added tax (VAT) on a set of products. According to the release published by the Prime Minister’s Office to announce the decision, it aims to lower inflation and the price of essential goods like cement.

According to Minister of Planning Christian Mwando, additional measures have been taken, all aimed at lowering inflation. However, the release failed to mention them.

For more information, please see https://www.ecofinagency.com/public-management/2104-43549-drc-suspends-vat-to-curb-inflation

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