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Imported Rice: Government Backfires and Suspends New Taxes
Summary by Madagascar-tribune.com
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The Malagasy government is reviewing its copy on the taxation of imported rice. The 20% customs duty and 5% VAT on luxury rice provided for in the Reformive Finance Act 2026 are temporarily suspended, while the approach of the welding period raises concerns about supply and price pressures. The Ministry of Commerce recognizes that domestic production remains insufficient to fully satisfy demand. However, this decline places the executive in fron…
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