13 minutes agoPeople's elected gather to vote on the Law on Economic Regeneration
Periskopi(6 years ago)
(6 years ago)People's elected are already in the Kosovo Assembly pending the start of the historic session, where the Law for Economic Resurrection is expected to be voted to help the country's economy severely damaged by austerity measures fighting pandemic. Otherwise, the Commission for Board and Transference by 6 votes and 3 against, has voted [...]
Unlike the Commission for Buxhet and Transfere by 6 votes for and 3 against, it has voted the report with recommendations for the Economic Recovery Bill. And the vote on this report has preceded the adoption of the 4 amendments proposed by the Democratic Party of Kosovo.
The first amendment is that the means drawn by participants according to this article, which have savings of up to 9,99,000 euros, are compensated in the form of reimbursement, starting in 2023, according to the formula and remulsion methodology set by the Government of Kosovo and the Kosovo Pension Saving Fund in the six-month term due to the adoption of this law.
The second amendment -- the first item produced by registered and active business activities in the Republic of Kosovo -- whether it is exported abroad or not -- is released from VAT.
The third amendment, all businesses that have been closed or have had problems of regular functioning during the pandemic time, but who have been active in business registers before February 29th 2020, is financially supported by Kosovo's budget with monetary means to cover operational expenditures in the amount of 200m euros.
The fourth amendment, paid on the part of Kosovo's budget, workers' salaries in the private sector for October and December 2020, which, as a result of the COVID-19 pandemic, have left or suspended their jobs for the period no shorter than three months after the February 29th 2020 date until December 30th 2020. The amount of pay for workers is 300 euros per month.
