The 2 cents intermediary money transfer tax introduced by
Government recently is helping Government to narrow its budget deficit
significantly, President Mnangagwa has said.
Responding to questions from delegates who attended the 3rd
annual Public Sector Audit Conference in Harare today, the President said the
tax was there to stay as it was critical in transforming the economy.
Delegates had argued that the tax was a stumbling block to
the ease of doing business. President Mnangagwa responded: “I don’t think it’s
a hindrance. It has helped us a lot now to narrow the deficit gap in our
economy.” Herald
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