- Three-month suspension follows audit findings on ineffective incentives
- Presidency pledges reforms to align tax relief with development goals
Libreville, Gabon – Gabon has suspended all new tax exemptions for three months, after years of preferential fiscal regimes cost the state more than CFA1 trillion ($1.65 billion) in foregone revenue. The moratorium, announced on June 20 by transitional President Brice Clotaire Oligui Nguema, aims to tighten oversight and realign tax incentives with national development priorities.
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