Finance Act 2019
The 2019 Budget was a continuation of the previous year’s Budget, with an intensification of social measures targeting a wide cross section of the population, from public servants to workers at large, with the forthcoming elections firmly in sight. Contrarily to last year, no significant fiscal changes were announced but several measures aiming at infrastructural improvements, encouraging the use of new technologies and improving ease of business were introduced.
Please note that the Finance Act 2019, which will implement the measures announced in the Budget, has now been approved without amendments, and received the assent of the President of Republic to become law.
The main measures of the Finance Act 2019 have been highlighted in our brief for your good reading.