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flag The government approved a 4.88% tax hike for 2026 to address budget shortfalls and fund public services.

flag The government has approved a 4.88% tax increase as part of the 2026 budget, marking a significant adjustment to fiscal policy aimed at addressing projected revenue shortfalls and funding public services. flag The increase will affect various tax categories, though specific details on which taxes are rising were not provided in the announcement. flag The decision follows months of deliberation and reflects ongoing efforts to balance the budget amid economic challenges.

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