VMRO-DPMNE Vice President Aleksandar Nikoloski at the parliamentary session for the Budget Review said that this was the highest budget in history that was not spent properly, neither to stimulate economic growth nor to fight the coronavirus crisis.
Regarding what the government should have done, Nikoloski said that the health...
Government officials have increasingly begun to publicize the thesis that if necessary, they will increase public debt by another 10%, which would amount to 70% of Gross Domestic Product. Unable to manage well the economic crisis caused by the coronavirus pandemic, the government will owe us another 10% of...
The Budget Review that is in the Parliament is completely underdeveloped and will not provide an answer to the challenges posed by the pandemic, both in terms of health and economy, said MP Bojan Stojanoski at Thursday's press conference.
He added that ‘the country owes an additional 1 billion in...
In Macedonia, hotels were closed for more than four months due to the pandemic, and in July, after the new protocols were adopted, they started operating, but with very few guests.
According to the hoteliers, this year the summer tourist season was very weak, the capacity was very low, and...
The Financial Police Administration is working and the Eurostandard Bank case is in the pre-investigation phase, Director of the Office Arafat Muaremi told TV24 News.
"Just as it was announced that Eurostandard Bank went bankrupt, it was reported to the financial police, an order has been received from the public...
The night clubs after the protest together with the wedding restaurants and the pop artists were invited to talk with the Prime Minister, the Minister of Health and other representatives of the Government.
"After submitting our request for financial assistance in the amount of 30% of the gross income of...
Construction works on gas pipeline line Kumanovo-Shtip-Prilep-Bitola are 90-percent completed, while line Skopje-Tetovo-Gostivar is over 60-percent finished, Minister of Transport and Communications Blagoj Bochvarski said on Saturday.
Minister Bochvarski expects the two lines to be completed in 2021.
“We are already working on lines to link with Sveti Nikole and Veles,...
As of 1 January 2021, donations provided to budget beneficiaries to fight COVID-19 will be exempted from VAT, while the deadline for payment of VAT by companies will be delayed in order to support their liquidity. A provision on a 10-percent tax rate for sale of food and beverages,...
The financial support for employers for payment of salaries will be scaled according to the decline in the company's revenues; i.e.it will range from 14,500 to 21,776 denars per employee.
The Government adopted late Thursday the draft-law on financial support of employers affected by the health-economic crisis caused by COVID-19...
Macedonia is coping with its deepest recession in two decades affecting all sectors of the economy and economic activity is forecast to decline by 4.1 percent in 2020, according to the World Bank’s latest Regular Economic Report (RER).
The COVID-19 pandemic is hitting North Macedonia hard, with lockdowns, disrupted supply...