Togo has announced that it has taken several measures to enhance social integration and improve the country’s business climate in an effort to face the costs of integration of living.
A statement issued by the Council of Ministers said that the country in conjunction with the announcement of the government’s budget for 2023, plans to expand the tax exemption in the food provided by schools, universities and companies, and to reduce taxes to help producers and manufacturers to be more competitive, in the construction sector, equipment and materials also benefit From tax exemption and fees.
He added that the insurance premiums that employers pay for their employees will be exempt from taxes.
“We are seeking to help implement comprehensive health insurance and at the same time support companies that take a step towards social protection for their employees,” said government spokesman Ayudan Akudha.
He continued by saying that the country’s budget for 2023 will also finance the continuation of the emergency program to build resilience in the Savanna region, which is threatened by terrorists..
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