File | Nation Media Group

Treasury to unveil new taxes, cut reliefs in IMF reform package

What you need to know:

  • State pledges to reduce the public wage bill, signalling tough days ahead for civil servants.
  • Loans from the Breton Woods institution are relatively cheap, but come with tough conditions.

The government plans to introduce new taxes and cut back on existing tax exemptions as part of a reforms package funded by the International Monetary Fund (IMF).

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