Thu, 21 Sep 2017 11:00:34 +0000 By Aaron Chiyanzo TAX amnesty is imperative for Zambia at the moment because no country can grow its economy on the basis of what it was owed by individuals or firms, says Minister of Finance Felix Mutati. Mr Mutati said that in as much as government would lose out on some money it was owed through taxes because of the ongoing amnesty, no country could grow its economy on the basis of what it was owed. He explained that a country could be owed a huge debt but that unless it was translated into liquidity, then the growth would not be achieved. Mr Mutati pointed out that government had introduced the tax amnesty to translate the debt into liquidity. He said during the launch of a public dissemination of the recently published Economic Stabilisation and Growth Programme in Lusaka that government had also brought about the tax amnesty because […]
