MPs back new import fee

  • | NTV Video

    A Parliamentary committee has rejected a proposal to retain the current rate of import declaration fee (IDF) of 2.5 percent, saying it would cause a 10 billion shilling hole and the implementation of the financial year 2023/24 budget. The National Assembly’s Finance and National Planning Committee has instead proposed an increase in the rate of IDF from 2.5% to 3.5%.

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