Gabon Suspends Some Taxes to Cushion Households

Gabon has suspended import duties and value added tax on some basic necessities for a period of six months to address high costs of living, the finance ministry said in a statement

• The suspension applies to meat, poultry, fish, dairy products, canned goods, rice, pasta, oils, and sugar, as well as materials such as concrete reinforcing bars, cement, gravel and sand
• Charges on some digital payments were also suspended
• NOTE: Feb. 10, Central African Union Body Halts Activity Due to Lack of Funding
• NOTE: Feb. 9, Gabon Increases Debt Issue Target for First Quarter: Gabon24

To contact the reporter on ...