The finance ministry can employ young people, supporting businesses

In the spirit of this, Hamza says, since the first day of receiving the mandate has taken enormous steps in fiscal policies by releasing all the raw materials, production equipment, half IT products and equipment to help not only produce but also employ young people and young people.

Thanks to these fiscal policies, it is said in the communiqué, as of the first day of release, goods have been released at a total value of more than 320m euros, while only at the level of taxes by 30 March 2019 are 90m euros that have not entered the budget but have been given to the production sector to start new production or expand existing production.

“These policies have produced the first very positive results in three ways, in terms of increasing the number of producers where, according to ASC data, more the number of businesses has had an increase in the production sector and the delivery of services, the second has had a very positive effect of the number of employees yet private sector, according to ATK data, it is seen that the number of employees from 2017 has an increase of about 15 thousand more compared to 2017, especially to the private sector, such as individual businesses, companies and S. P. K”, say away.

The very positive trend of production, said in the MF communique, is being seen in the first three months of this year.

“From January 1st to March 30th is 17m euros of issued taxes. And in the same period in 2018 it was 13m euros. Now we are preparing the legislative tax package to bring it as closely as possible with EU directives and to simplify all procedures and eliminate all the bureaucracy for business, where there will no doubt be a decrease in spending and saving of business time by losing in different procedures”, it is said further.

In addition to fiscal policy and other means, says the Ministry of Finance, is providing much relief to business by providing stable fiscal stability to increase youth and youth performance through different international agreements, where from the first day of receiving mandate to today, only in the form of grants, there are 184,096,000 euros, and then we are rapidly developing the Fund for Credit Guaranteement to help all new businesses that have no opportunity to provide cover for a coverable financial bank or other institutions.

The Fund has so far guaranteed a lot, there are 93,822,838m euros in loans issued by registered Financial Institutions, which are distributed in 2409 micro, small and medium-sized companies”, the communique concludes.