It will be premature and speculative to comment now.

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This position was reached in December last year between my ministry, the Ministry of Finance and the World Bank. Until a suitable replacement for the Graduated Tax is found, the finance ministry would continue compensating local governments.

82

We are working fast to put together a law that will govern the relationship between the City Council and the government. I expect this law to be complete by May, before the new government swears in.

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