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Kenya, Uganda, and United Republic of Tanzania: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2008: Issue 353
Language:
English
Publication Date:
30 Oct 2008
DOI:
https://doi.org/10.5089/9781451811612.002
ISBN:
9781451811612
ISSN:
1934-7685
Pages:
65
Keywords:
ISCR; CR; investment incentive; investment; EAC country; EAC member; tax incentive; member country; private sector credit; Investment incentives; Tariffs; Tax incentives; Credit; Customs unions; Sub-Saharan Africa; Africa; East Asia; Central Asia; South Asia
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This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue a coordinated approach to investment incentives, one possible solution would be to agree on a Code of Conduct for Investment Incentives and Company Income Taxation. A transparent tax system with a broad base would reduce the demand by investors for tax holidays.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund