Proposal to lower the tax from 18% to 17% draws support from business groups, but Finance Ministry warns of nearly $3 billion budget hole

Proposal to lower the tax from 18% to 17% draws support from business groups, but Finance Ministry warns of nearly $3 billion budget hole

Just a few months before the elections, the housing minister who voted in favor of raising the VAT proposes lowering it to 17%. The Finance Ministry clarifies that the proposals…