The proposed expat tax reform and privatisation of TAP airline in the country are currently on hold, as the nation eagerly awaits the president’s decision on what step to take next. The government had previously put forth plans to implement an expat tax reform, which would potentially have significant implications for the expatriate community residing in the country. However, with the uncertainty surrounding the president’s decision, the implementation of this reform is now in limbo.
Similarly, the privatisation of TAP airline, which had gained traction as a means to improve the financial viability of the struggling national carrier, is now in a state of pause. Privatisation was expected to bring in much-needed funds to help the airline recover from the financial challenges it has faced in recent years. However, with the decision yet to be made, the future of TAP airline remains uncertain.
Despite the anticipation around these two significant reforms, the country finds itself in a holding pattern, eagerly awaiting the president’s decision on what comes next. The expat tax reform and the privatisation of TAP airline are crucial issues that will shape the economic landscape and impact the lives of many individuals. As the nation holds its breath, the decisions made by the president will have far-reaching consequences for the future direction of the country.
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