Government this week expected to decide when economic recovery means will be distributed

Government this week expected to decide when economic recovery means will be distributed

The incumbent Kosovo government is expected to make a decision within this week regarding the distribution of the first means in this year's budget for economic recovery. Acting Deputy Finance Minister Agim Krasniqi, through a Facebook post, has written that a general decision will be made first in Government [...]

Acting Deputy Finance Minister Agim Krasniqi, through a Facebook post, has written that a general decision will first be made in Government for the overall implementation of the economic recovery package for the total amount of 222.4m euros.

He has said that special decisions will accommodate funds in the implementation of the package, where implementing ministries set criteria and deadlines for implementing these measures.

Full Posting:

In response to media interest and numerous questions by thanking him, you may find some information below regarding the steps to implement the law on economic recovery in 2021:

  1. Specific provisions of the law on economic recovery that did not require budgetary division have begun to implement that following the adoption of the law in December 2020, such as withdrawing savings from the Pension Trust, tax releases, etc.
  2. Other parts of the law begin to implement with the beginning of the execution of the 2021 budget according to budgetary opportunities.
  3. First, a general decision will be made in the government for general implementation of the package for economic recovery for the total amount of 222.4m euros. In this decision the means that are not dedicated for specific purposes will be divided into institutions for implementing specific measures in support of business, individuals and ministries covering specific areas.
  4. With separate decisions, funds will be adopted in the implementation of point 3, where the implementing ministries set criteria and deadlines for implementing these measures.
  5. Businesses and citizens should wait for the line ministries to be informed about how these funds will be distributed, the criteria that must be met to be beneficial and the time of application if application is needed.
  6. Priorities for the start will have areas in which it is necessary to start implementing measures: such as education, follow-up payments for specific sector extensions, payments to self-employees and those who have lost jobs.
  7. During the year 2021, there will be complete application of the package of economic recovery. The start of implementation of measures is expected to begin during January of this year. The entire implementation process will be implemented transparently.

 

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