SDSM’s economic measures supported 314 companies with 57 million euros

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SDSM’s economic policies and measures deliver real and visible results, they provide economic growth, increased investment, higher incomes, higher salaries, new jobs and a higher standard of living for all citizens, the ruling party said in a statement on Saturday.

SDSM said that during the past 2019 through the Fund for Innovation and Technological Development (CITR) 314 companies were supported, with a total of 57 million euros.

“Support for companies through CITR has increased by 50 times in 2.5 years, compared to 2017 when the fund only supported about thirty companies, with around one million euros,” reads the statement.

SDSM also assures that there is a real shift in the operations of the companies supported by the Fund for Innovation and Technological Development.

“They have seen an average increase of 60% in profits, an average increase of 50% in earnings, an increase in the number of workers by 27% and an increase in average wages by 40%. SDSM will continue to implement the measures and policies to assist companies and relax working conditions after April 12”, reads the statement.

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