The government today allocates 60m euros to close to 37 thousand private businesses from the Regeneration Package

The government today allocates 60m euros to close to 37 thousand private businesses from the Regeneration Package

The Kosovo government today has begun implementing the Pack of economic recovery by releasing 60m euros to close to 37 thousand private businesses in Kosovo. This money will go directly to the business account for the workers they've declared. More beneficiaries will be smaller businesses. Prime Minister Avdullah Hoti along with [...]

The Kosovo government today has begun implementing the Pack of economic recovery by releasing 60m euros to close to 37 thousand private businesses in Kosovo.

This money will go directly to the business account for the workers they've declared. More beneficiaries will be smaller businesses.

Prime Minister Avdullah Hoti, together with Minister Hykmete Bajrami, appeared at a news conference where they said this is among the first measures to be followed in the coming days and pledged that they would almost completely Sautre the damage that the pandemic caused.

“The measures that were introduced with this decision have been fully worked with businesses. So it's supposed to be us coming into the business economy that's been affected. The criteria are clear without application procedures by taking on the number of employees. The Commission has done a job in the record term by taking the data from the system to ATK”.

The decision has been to provide an inclusion of businesses within the Pako for recovery. The commission has issued a final list of 36679 businesses will benefit 60m euros. These businesses have declared 206, 852 workers. You will be informed about the details later and see that the biggest beneficiaries are the smallest businesses. Those businesses that have up to 10 workers will benefit 45.5 percent of the total 60 million. Signatures with 10 to 51 workers benefit 26.67 percent, and so on”.

15,500 businesses that have had updated data have already received the support of 37.3m euros. The rest will be paid as soon as the data is updated.

Meanwhile, Minister Hykmete Bajrami said the coming days will benefit other schemes.

“We have been working day and night on drafting final lists. Today, we have over 15 thousand companies under way, and it has become a reimbursement for them. This afternoon and tomorrow morning these payments will be paid”.

Bajrami called on businesses to update their data, especially of accounts.

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