Business calls for tax relief to kick-start the economy

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THE government should come up with medium and long-term plans to provide tax relief and deal with the impact of the global oil price surge and the Russia-Ukraine war, business leaders and industrialists from various sectors of the economy have said.
Captains of industry who attended a business breakfast meeting hosted by the Daily News last Thursday proposed that the government focuses on addressing foreign currency shortages, reducing taxes and improving the business operating environment to support the economy and mitigate the impact of economic uncertainties in the long haul.