{"id":37710,"date":"2018-06-15T10:04:15","date_gmt":"2018-06-15T10:04:15","guid":{"rendered":"https:\/\/new.igihe.com\/govt-waives-taxes-on-imported-textile-leather\/"},"modified":"2018-06-19T09:11:52","modified_gmt":"2018-06-19T09:11:52","slug":"govt-waives-taxes-on-imported-textile-leather","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/govt-waives-taxes-on-imported-textile-leather\/","title":{"rendered":"Govt waives taxes on imported textile, leather tanning materials"},"content":{"rendered":"<p>This was announced by the Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana while reading the 2018\/2019 National Budget to both chambers of parliament.<\/p>\n<p>Ndagijimana said that all raw materials to use in local industries will pay 0%  import duties down from 10% and 25%.<\/p>\n<p>Speaking in a press conference after reading the budget, Ndagijimana said that the government is providing incentives to business people.<\/p>\n<p>\u201cThe production of textile is private business, what we do is to provide incentives like providing space in the Special Economic Zones and make the investment cheaper and profitable,\u201d he said.<\/p>\n<p>He said that after the government of Rwanda raised taxes on imported second hand clothes, the move has created domestic demand for Made in Rwanda clothes, and the government is negotiating with producers and new investors to increase production as the market is available.<\/p>\n<p>\u201cWhat we have to keep in mind is the volume and price because if they are expensive, people may not be able to buy. So, we are focusing on new affordable clothes as well as the volume,\u201d he said.<\/p>\n<p>Meanwhile, Rwanda\u2019s 2018\/2019 budget is Rwf2,443.5 billion, which is Rwf328.2 billion higher compared to Rwf2,115.3 billion in the 2017\/18 budget.<\/p>\n<p>Among priority areas, Ndagijimana said that they expect to construct sustainable economy through fast-trucking the development, promoting private sector, knowledge based economy and industrial development where the government has allocated a total of Rwf1389.5 billion, covering 57% of the whole budget.<\/p>\n<p>Government targets to create a total of 216, 217 new jobs, a process which will take Rwf46.7 billion.<\/p>\n<p>On social welfare, the government allocated a total of Rwf668.2 billion, 27% of the  budget. The government has allocated a total of Rwf401.5 billion, 16% of the to good governance sector.<\/p>\n<figure class=\"spip-document spip-document-25798 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/1-mar_1571-23e28.jpg\" alt=\"Minister Ndagijimana yesterday read the 2018\/2019 National Budget to both chambers of parliament.\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>As part of the Government of Rwanda efforts to improve locally manufactured products, the government has waived off taxes textile machinery, textile and leather and tanning raw materials used in industries and other local producers.<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72],"byline":[197],"hashtag":[],"class_list":["post-37710","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","byline-john-mbaraga"],"bylines":[{"id":197,"name":"John Mbaraga","slug":"john-mbaraga","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":19}],"contributors":[{"id":197,"name":"John Mbaraga","slug":"john-mbaraga","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":19}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/37710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=37710"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/37710\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=37710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=37710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=37710"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=37710"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=37710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}