Centre-right coalition agreement to be signed on Monday

The Civic Democrats, Christian Democrats and the Greens have agreed to sign their coalition agreement next Monday. During talks on Wednesday, the three parties also agreed on a flat tax that would cover both personal income and corporate income, as well as VAT. The tax rate will be between 15 and 19 percent; the exact rate is to be decided after the coalition agreement is signed. VAT would only vary in areas concerning foodstuffs, medicines, public transport, books, and services in the sport, cultural, and accommodation sectors.

Author: Dita Asiedu