Category: Economy
Economy 11.04.23 | 09:37

The Government will allow an increase in the regulated price of fruits and vegetables

Starting today, the Government will increase the prices of fruits and vegetables, after it capped them just several days ago. After disputes with the importers, the Government agreed to allow some of their products to go up by 5 or 20 denars, but demands that no staple fruit or vegetable is sold for...
Economy 09.04.23 | 21:18

Government begins fining fruit and vegetable traders who don’t deliver enough produce under the regulated price

Two dozen fruit and vegetable wholesalers were raided yesterday, and almost all of them will face fines of between 800 and 10,000 EUR. The reason for this is that they failed to deliver at least 70 percent of the usual quantities of produce that they delivered over the past year. The Government introduced...
Economy 09.04.23 | 09:01

Union warns that Bechtel will be allowed to overwork its employees

The SSM association of unions strongly criticized the proposals for new laws that are proposed in an urgent procedure before the Parliament, to facilitate the large Bechtel highway project. One of the laws would allow the company to ask for more than 8 hours of overtime per week from its workers and...
Economy 08.04.23 | 19:52

Public funds given for corrupt energy contracts were used to buy villas in the Aegean coast

Regarding the resignation of Vasko Kovacevski, head of the state owned ELEM/ESM power company ,VMRO-DPMNE President Hristijan Mickoski said that under his term the once profitable company had to be propped up with 200 million EUR from the budget just to keep the lights on. Only in 2022, the citizens,...
Economy 07.04.23 | 14:17

Despite delays, Kovacevski says that the construction of an e-vehicle plant in Tetovo will go ahead

Even though the E-Go company failed to begin construction of the electric cars plant in Tetovo that was announced, Prime Minister Dimitar Kovacevski insisted that the investment will go ahead. He told the press that the company hasn’t drawn any of the millions in state subsidies that are pledged...
Economy 07.04.23 | 09:54

The Government will order traders to provide fruit and vegetables at the regulated price

Following reports of shortages of fruit and vegetables, that are coming after the Government capped the prices of the main staple items, Economy Minister Kreshnik Bekteshi said that the Government will order wholesalers to provide at least 70 percent of the quantities they offered in January and February. This...
Economy 04.04.23 | 14:52

Salary hikes of Government officials will cost us five million EUR a month

The decision of the Constitutional Court to remove a cap on salaries of Government officials will cost the taxpayers five million EUR, estimates VMRO-DPMNE. The court’s decision will lead to salary increases of whopping 78 percent for the top Government officials. – Kovacevski pretends to...
Economy 03.04.23 | 19:54

Government caps prices of the main fruits and vegetables

According to the latest Government order, prices of friuts and vegetables will be frozen for the duration of the month. Tomatoes will be capped at 70 denars per kilogram, cucumbers at 75, onion will be priced at 60 denars (1 EUR) and beans – at 75 denars. Lemons and oranges will be sold at 55 denars...
Economy 03.04.23 | 11:07

Government plans to freeze the prices of fruits and vegetables

The Government is expected to add a number of staple fruits and vegetables to the ever growing list of products whose prices are fixed. Economy Minister Kreshnik Bekteshi announced that this will include tomatoes, cucumbers, onions, bananas and citrus fruits, after the prices were already fixed for eggs,...
Economy 02.04.23 | 13:42

VMRO-DPMNE calls on the Government officials to give up their huge salary hikes

VMRO-DPMNE called on the Government to renounce the recent Constitutional Court decision which will lead to a 78 increase in salaries of Government officials, as it removed the freeze on their salary hikes. Half a million citizens live with 150 denars (2.5 EUR) per day and the Government officials are...
Economy 30.03.23 | 10:43

12 workers from Nepal and Pakistan sought jobs in Macedonia

The Emplyment Agency informs that a / total of 12 foreign citizens from Nepal and Pakistan have sought employment in Macedonia. This comes as the Government begins to promote the notion in that Macedonia will have to begin importing workers for the labor heavy textile industry. Textile mill owners are...
Economy 29.03.23 | 11:10

New “freezes”: After hygienic products, restrictions on price of fruits and vegetables also being considered

The government is set to take a decision on freezing the prices of hygiene products at a meeting today and decide on the prices of some fruits and vegetables during this week. The Government assesses that its decisions on prices are generally respected and announces that there will be other interventions...
Economy 28.03.23 | 12:41

Prices of hygiene products to be capped on Wednesday, prices of some of vegetables and fruits also in the coming days

Most likely, at the government session tomorrow, a decision will be made to freeze the prices of hygiene products. We will achieve what we announced earlier, said Minister of Economy, Kreshnik Bekteshi. He informs that all analyses regarding such decisions on reduction and freezing have already been...
Economy 27.03.23 | 15:00

Diesel prices down, gasoline up

As of Monday midnight, the prices of diesel go down by MKD 1-1.5 per liter, while prices of gasoline  go up by MKD 1-1.5 per liter, according to a decision by the Energy Regulatory Commission (ERC). This decision increases the retail prices of oil derivatives by 0.23 percent on average. The price of...
Economy 27.03.23 | 11:09

Payment of March pensions starts on Tuesday

Retirees can pick up their March pension checks starting Tuesday (March 28). Retirees without debit cards will be given their checks at their local bank branches in four groups, according to the amount of their pension.
Economy 26.03.23 | 09:32

53.2 million euros collected from tolls last year, Romanovce, Kumanovo toll station the most profitable one

At the toll stations in the country last year, there was a turnover in the amount of 3,274,387,335 denars (53,242,070 euros), the Public Enterprise for State Roads told MIA. Last year’s revenues are 6.6 million euros more than those in 2021, when they amounted to 46.4 million euros. On the new...
Economy 24.03.23 | 13:15

Limit for scanning fiscal receipts adjusted to MKD 2,100

The Public Revenue Office informs the users of the MojDDV application that it has been adjusted in accordance with the amendments and additions to the Law on the refund of part of the value-added tax for natural persons published in the Official Gazette of Macedonia No. 65/2023 published on March 23,...
Economy 24.03.23 | 12:09

Bekteshi: Flour producers to lower prices as of next week

Flour producers will lower prices of flour as of next week, says Economy Minister Kreshnik Bekteshi. I was told earlier today that flour prices will drop further as of next week, Minister Bekteshi wrote in a Facebook post late on Thursday.
Economy 23.03.23 | 09:15

EUR 243 million approved for Bechtel and Enka for construction of Corridors VIII and X-d

The provision for EUR 243 million from the budget of the Ministry of Transport and Communications to the American-Turkish consortium Bechtel and Enka for the construction of Corridors VIII and X-d was approved as part of the Program for financing road infrastructure for the Corridor VIII and X-d projects...
Economy 22.03.23 | 09:05

Government now plans to freeze prices of fruits and vegetables

After making similar decisions with the prices of bread, rice, eggs and dairy products, the Government now plans to freeze prices of fruits and vegetables. This is the option that the Kovacevski Government resorted to after run-away inflation that it failed to control through usual, market friendly means....
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