Government approves package for economic recovery worth 420m euros

Government approves package for economic recovery worth 420m euros

Finance Minister Iron Murati, at a media conference, has said it is now time for the state to intervene with an economic revival package. According to Murati, this package is included in the revised budget the government passed on to the meeting held today while the total amount of the resurrection package [...]

Finance Minister Iron Murati, at a media conference, has said it is now time for the state to intervene with an economic revival package.

According to Murati, this package is included in the revised budget the government spent on the meeting held today, while the total amount of the economic revival package is 420m euros, where budget revenues financing is 190m euros, while another 230m euros are from borrowing.

The measures are divided into five categories starting with supporting employment, which amounts to 50m euros in direct intervention.

The next group of measures has to do with the revival of the economy and production that is dedicated to businesses and totaling the value of 108m euros, while the third group of measures concerns the family and amounts to 50m euros overall.

The fourth group of measures in this package is destined for support for public services worth 112m euros, where 40m euros are earmarked for the purchase of vaccines in the fight against COVID-19.

“Here we have support for health, where 40m euros are earmarked for the purchase of vaccines for the fight against pandemic, another eight million euros are dedicated to the purchase of essential drugs under the KSFKUK, and there are about five million euros that are separated for the cost of new specialists' expenses, so a total of 53m euros (59x1), the Murati is expressed at the media conference.

While, the latest group of measures has to do with investing in infrastructure and environments, which in all is worth 100m euros.

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