Nation News "THE INTERNATIONAL MONETARY FUND (IMF) has recommended to the David Thompson administration that it raise Value Added Tax, reduce its wages bill, and sell off Government assets in an effort to rebound from the world recession.
The report, released earlier this month, but not made public until now, also advises Government to improve its tax administration and broaden the country's tax base, so as to generate finance to the tune of one per cent of Barbados' gross domestic product (GDP)."
The report, released earlier this month, but not made public until now, also advises Government to improve its tax administration and broaden the country's tax base, so as to generate finance to the tune of one per cent of Barbados' gross domestic product (GDP)."
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