Kenya, Uganda, and United Republic of Tanzania: Selected Issues

October 30, 2008

Summary

This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue a coordinated approach to investment incentives, one possible solution would be to agree on a Code of Conduct for Investment Incentives and Company Income Taxation. A transparent tax system with a broad base would reduce the demand by investors for tax holidays.

Subject: Banking, Credit, Customs unions, International trade, Investment incentives, Money, National accounts, Tariffs, Tax incentives, Taxes

Keywords: Africa, Central Asia, CR, Credit, Customs unions, EAC country, EAC member, East Asia, investment, investment incentive, Investment incentives, ISCR, member country, private sector credit, South Asia, Sub-Saharan Africa, Tariffs, tax incentive, Tax incentives

Pages:
65
Volume:
2008
DOI:
https://doi.org/10.5089/9781451811612.002
Issue:
353
Series:
Country Report No. 2008/353
Stock No:
1EACEA2008001
ISBN:
9781451811612
ISSN:
1934-7685

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