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“By mid-year 2023, the government had achieved significant milestones, including the successful completion of the initial phase of the Domestic Debt Exchange Programme (DDEP) and receipt of the first tranche of the $3 billion Extended Credit Facility. Concurrently, progress continues with the second phase of the DDEP, and preparations for external debt restructuring are in progress”’. ....
Indeed, they identified several taxes, including the E-levy (76%), COVID-19 Levy (68%), Import Tariffs (68%), Petroleum Levy (62%), and growth and sustainability levy (51%), as areas where modifications could potentially alleviate the burdens faced by businesses. ....