Zimbabwe Finance Minister to Review IMTT and Sugar Tax Amid Calls for Lower Fuel Prices

Zimbabwe Finance Minister to Review IMTT and Sugar Tax Amid Calls for Lower Fuel Prices

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Finance Minister Mthuli Ncube has committed to reviewing Zimbabwe's Intermediate Money Transfer Tax (IMTT) and sugar tax in response to legislative pressure. This decision comes as MPs advocate for maintaining fuel subsidies to keep prices below US$2 per litre, aiming to alleviate financial strain on businesses and consumers.

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Originally published by gnews