David Lipton, First Deputy Managing Director of IMF said that Kenya has important structural reforms are under way and hence the approval of the loan. “The benchmark on the submission of VAT law is set to be met by end-January 2012,” said Lipton at the time.
Only hope
“The Public Financial Management Law has been submitted to the Committee for the Implementation of the Constitution.”
Tax experts say that the only now hope lies in forging a way in the new VAT bill not to allow total control of the tax levied on essential commodities on the hands of the Treasury and at free will.
Reader’s Comments
Click here to comment
Hide Comments
Comments in chronological order (Total 0 comments)
Click to comment
