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Tag Archives: IMF deal

IMF Deal: Sector-wide Audit To Be Conducted On The Energy Sector — MoF Announces

The Minister of Finance, Dr Mohammed Amin Adam, has announced that a sector-wide audit of the energy sector will be conducted as part of the International Monetary Fund-supported programmes. He also mentioned that the government will strengthen the implementation of the cash waterfall mechanism as part of the reforms. During …

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Parliament Passes 3 New Taxes

Parliament has passed the three tax bills which were tabled before it as part of government’s measures to generate more revenue. The bills namely the Income Tax Amendment Bill, The Excise Duty Amendment Bill and the Growth and Sustainability Amendment Bill were passed on Friday evening. Earlier, the government had …

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