Govt develops strategy to clear VAT refunds, domestic debt
Published On January 19, 2022 » 1025 Views» By Times Reporter » Latest News
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THE Government has developed a clearance of expenditure arrears and Value Added Tax (VAT) refunds to curtail the accumulation and clear the domestic debt stock.
The strategy would address debt categories such as arrears owed for personal emoluments, bills for consumption of public utilities (telephone, water and electricity), VAT refunds, Farmer Input Support Programme, maize purchases under the Food Reserve Agency (FRA) and unpaid pension benefits.

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