Over 2.5 billion euros a year flow through informal channels - money that ends up in private pockets instead of gross domestic product. The Institute for Economic Research and Policy Finance Think measured that the green economy in 2020 will account for 23.2 percent of Gross Domestic Product. According...
The Budget Review is expected to be finalized and submitted to the government by the end of the week and enter parliamentary procedure some time next week, said Finance Minister Fatmir Besimi.
It is set, he added, to provide funds for implementation of the fourth set of anti-crisis measures and...
As the Federation of Trade Unions of Macedonia (SSM), we received information that employers abused the labor law and did not pay the minimum wage. Salaries and jobs are divided according to education and the complexity of the work you do, said SSM President Darko Dimovski.
We as SSM, he...
Economic measures to support the economy and reduce the harmful consequences of the crisis need to have continuity because only in this way can maintain economic activity of as many legal entities and avoid job losses, said the Association of Chambers of Commerce of Macedonia.
“Discontinuity in the provision of...
As of Monday midnight, the prices of gasoline and diesel fuels increase by Mden 1 and Mden 0.5 respectively, the Energy Regulatory Commission (ERC) has said.
The retail price of EUROSUPER BS-98 is Mden 63.5 per liter, while that of EUROSUPER BS-95 stands at Mden 62 per liter.
Moreover, the prices...
The Budget Review a response to the crisis, but greater consolidation of current expenditures is needed so that it does not have a pro-inflationary impact, estimates Finance Think and urges the need for funds in this budget of about 900 million euros, of which about 700 million euros current...
By instituting a tax calendar, the business community will be aware of the changes in the tax field at least six months prior to their enforcement. In this way we will ensure tax predictability and a better business environment, the Ministry of Finance says in a Facebook post.
Finance Minister...
ravel agencies are urging the government and the Commission on Infectious Diseases to urgently change the passenger transport protocol and allow buses to run at full capacity instead of halfway. The reasoning is that no country in the world has decided on such a restriction.
They also do not deviate...
The Ministry of Economy has already proposed to the Parliament amendments to the Law on Trade which allow work on Sundays and holidays of all retailers and wholesalers in tourist destinations, determined by the Law on Tourism, said Minister of Economy Kreshnik Bekteshi during Sunday’s visit to the Ohrid-Struga...
Predictability in tax policy - retention of 10% profit tax in the next four years, tax benefits for exporters through a new VAT law, preferential rates of 5% for farmers and artisans and raising the VAT threshold to three million denars from 2022, announced the Minister of Finance Fatmir...