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Businesses are likely to experience increased cost of production as the IMF conditionalities prohibit tax exemption and phases out tax holidays.
Some members of the Pensioners Bondholders Forum on Monday picketed the Ministry of Finance, demanding exemption from the Government’s Domestic Debt Exchange Programme (DDEP).
The Trade Union Congress (TUC), has reiterated its intention to advice itself if government fails to announce within a week the exemption of pension funds from the Debt Exchange programme.
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