A number of Sierra Leoneans are in deep worries over government proposed tax increments on the staple rice, and on other businesses.

A resident and a business man in Waterloo Town, named Mr Abdul, told colleague business men that he is now worrying on how government taxes may affect businesses including his.

“I am thinking of early Next Year when added taxes by government may affect us a lot.

“It is not good for a country to be seeing taxes added almost every year,” he said.

Earlier, government of Sierra Leone had passed a new finance bill, announcing new additional percentages on taxable goods.

Government plans is in line of addressing rising inflation in the country which is above a double digit.

As government announced several economic policies to beat down rising inflation on commodities in markets in the country, most citizens say the central government is not helping the situation then it seems to be doing.

Since the US dollar is still currently devaluing the local Leone currency, business and economic analysts have predicted that the worse is expected in the coming fiscal year.

There are fears that smaller and bigger businesses may crush up so soon by 2025 under the weight of any “regime taxes” to be imposed on private businesses by the government.