'Budget of taxes'

The Labour Parliamentary Group described the budget as one that had no plan and which lacked a clear direction for the country's economy. It was a budget based on an increase in taxation like previous budgets by this government. So much so that the...

The Labour Parliamentary Group described the budget as one that had no plan and which lacked a clear direction for the country's economy.

It was a budget based on an increase in taxation like previous budgets by this government. So much so that the government was projecting a Lm46 million increase in income from taxation.

The group said that if one added the tax on water and electricity consumption, the total tax burden would reach Lm70 million.

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