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Ministry continuing to analyze potential impact of VAT reduction on food

Summary by Eesti Rahvusringhääling
Despite criticism from the minister of finance, the Ministry of Rural Affairs and Agriculture is continuing to move forward with an analysis of the impact of a potential reduction in VAT on food products, which was initiated by the previous minister.

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Ministry continuing to analyze potential impact of VAT reduction on food

Despite criticism from the minister of finance, the Ministry of Rural Affairs and Agriculture is continuing to move forward with an analysis of the impact of a potential reduction in VAT on food products, which was initiated by the previous minister.

·Estonia
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EyeWitness NewsEyeWitness News

Central Bank eyes VAT reduction impact on govt revenue

[This post contains video, click to play] NASSAU, BAHAMAS – Governor of the Central Bank John Rolle revealed on Friday morning that the bank will continue to watch as the government balances the revenue that will be lost due to the 5% Value Added Tax (VAT) reduction. He noted that the financial institution will also watch as government repositions fiscal balances. Aiming to ease the burden on consumers, the government announced a 5 percent reduc…

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EyeWitness News broke the news in on Friday, April 4, 2025.
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