Who benefits from the 87m-euro fund for economic recovery

Who benefits from the 87m-euro fund for economic recovery

Kosovo's government has voted today to divide means into the fund for economic recovery, which is divided as a subsidisation for the cost of wages that businesses in Kosovo have. 87m euros is the total amount on which businesses, households with social assistance, farmers, fields of entrepreneurship, institutions and [...]

Kosovo's government has voted today to divide means into the fund for economic recovery, which is divided as a subsidisation for the cost of wages that businesses in Kosovo have. 87m euros is the total amount on which businesses, households with social assistance, farmers, fields of entrepreneurship, institutions of culture, public enterprises, households from non-communal communities and promotion of women's employment.

After the Kosovo Government meeting, Prime Minister Avdullah Hoti said in the coming days the Ministry of Finance would proceed with payments for all categories that are set to support.

“From 87m euros, 60m euros will be supported by businesses, depending on the number of employees they have, we will simplify this issue to the maximum by not asking businesses to apply to the Ministry of Finance to receive these funds, but we will use very simple criteria based on the number of workers who have businesses in December 2019... The second, out of this amount of 7.5m euros will be earmarked for social assistance to households that are in social assistance, additional from regular assistance received, will receive 7.5m euros for October until December, third, the agriculture ministry has been allocated to the amount of 12m euros for doubling farm subsidies”, Hoti said.

All farmers who receive agricultural subsidies will receive double subsidies to overcome the pandemic-made situation with COVID-19.

At today's government gathering, another 1m euros were allocated for entrepreneurship, 1m for public enterprises that are in trouble as a result of the pandemic, 2.5 million for artists, cultural institutions that are within the framework of MKRS, organisations promoting culture in Kosovo and sports federations.

Out of the 87 million fund, 1 million go to the Regional Development Ministry, 1m for the community office, these means destined for families from non-communal communities that are in a difficult material situation.

The executive also voted for the 1m-euro division of the Agency for Gender Equality, aimed at promoting women's employment in different sectors.

Related
What is known so far? Victims on Swiss flight '%s' suspected of being 34-year-old

What is known so far? Victims on Swiss flight '%s' suspected of being 34-year-old

LVV is distanced from Jevrie Ademi, who insulted Rifat Jashar: It does not represent our attitudes

LVV is distanced from Jevrie Ademi, who insulted Rifat Jashar: It does not represent our attitudes

Budget disapproval: Four Ministers Without Money to the New Assembly

Budget disapproval: Four Ministers Without Money to the New Assembly

A person dies on a plane flying from Switzerland to Kosovo

A person dies on a plane flying from Switzerland to Kosovo

From 83 cents to 3.5 euros, payment for membership in the Infermies' Oda changes

From 83 cents to 3.5 euros, payment for membership in the Infermies' Oda changes

10 new HIV cases in recent months -- 2 victims of 2 in hospital -- increase voluntary testing

10 new HIV cases in recent months -- 2 victims of 2 in hospital -- increase voluntary testing

It is suspected to be the motive for killing young Prizren by his family

It is suspected to be the motive for killing young Prizren by his family

Over 40% of all votes by mail are counted by CEC's latest data

Over 40% of all votes by mail are counted by CEC's latest data

Recak massacre next month starts trial in absentia against 21 indictees

Recak massacre next month starts trial in absentia against 21 indictees

“Oil and gas prices may remain high by September”

“Oil and gas prices may remain high by September”

British forces seize an oil tank of “shadow float” Russian Channel in La Mansh

British forces seize an oil tank of “shadow float” Russian Channel in La Mansh

Trump says signing the deal with Iran will take place “after hours”

Trump says signing the deal with Iran will take place “after hours”

It concludes the rating of the balloting by post office, approved over 82 thousand, down nearly 3,000.

It concludes the rating of the balloting by post office, approved over 82 thousand, down nearly 3,000.