Taxes increase negatively impacts on Sudanese economy, says transparency watchdog ...Sudan

October 16, 2022 (KHARTOUM) -The drastic increase of tax rates on individuals and business activities by the military-led government has negatively impacted the Sudanese economy this year and would toughly worsen the living conditions next year, said a transparency watchdog on Saturday. After three decades of isolation, the civilian government launched a series of economic reforms to redress the national economy and strengthen governance with the financial support of the World Bank to mitigate the negative impact of these reforms. However, despite the signs of stability produced by the reforms, the October 25, 2021 coup put the whole process at risk, as the international donors and th

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Last updated : 17 October 2022 clock 08:45 AM

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Taxes increase negatively impacts on Sudanese economy, says transparency watchdog ...Sudan

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