Tuesday, December 2, 2025
Home Why oh Why Owing $7 billion in VAT over seven years is living in a...

Owing $7 billion in VAT over seven years is living in a fool’s paradise

Having admitted that a significant VAT liability of $7 billion remains unpaid by the Government, the Minister of Finance has some questions to answer. He needs to say whether it means that the published deficit is not $6B, but $13B in­stead. Does it also mean that with this un­paid VAT, the deficit that has been…

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