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Having passed a moderately expansionary 2018 budget, the government on January 1 started to levy value-added tax (VAT). It also cut subsidies on petroleum products.
The finance ministry has sought to boost non-oil revenue by increasing the value-added tax (VAT) rate and other measures. The finance minister has also floated the possibility of…
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DOI: 10.1108/OXAN-DB254421
ISSN: 2633-304X
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Geographic
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Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…