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Traders Force Angola to Delay IMF Tax Deal

Angola has pushed back the controversial introduction of a 14% consumer tax on goods and services after its social partners demanded better preparation for it. The country signed an understanding with the International Monetary Fund for introduction of the Value Added Tax in exchange for budget support in June.

Joaquina Bento / Angop

President of Angola, João Lourenço, at Continental Free Trade Area signing ceremony (file photo).

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