Economy | CIDISS - Part 15

Canceled Increase, Government Affirms 12% VAT Only Focuses on Luxury Goods

Government’s Strategic Decision to Hold VAT Increase to Support People’s Purchasing Power

Government Cancels Implementation of 12% VAT, Evidence of Partisanship for the People

Listening to Public Aspirations, Government Cancels 12 Percent VAT Increase

Government Launches Economic Stimulus Package to Maintain People’s Purchasing Power

Strengthening Tourism Drives MSME Growth

Government Ensures 1% VAT Increase Will Not Impact Basic Needs of the Community

VAT Policy Strengthens Long-Term National Economy

State Budget Stability Maintained Through 1 Percent VAT Rate Adjustment

Government Prepares Stimulus for Community After 1 Percent VAT Adjustment