[TOP STORY] 2024 Budget – is a Vat increase the best solution to boost the coffers?

‘Government, even in an election year, can make the point to say, well, we are in a tight corner, we don't want to cut back on expenses, the economy's not really growing yet as much as we would like it to grow, so to generate additional revenue, we are considering Vat,’ says Maarten Ackerman, chief economist at Citadel.