Category: Economy
Economy 12.07.19 | 21:09

Telekom and the Interior Ministry conclude contract worth 5.7 million euros

The Ministry of Interior decided to conclude a three-year contract with the company “Makedonski Telekom” ad. Skopje after a tender was issued for procurement of telecommunication services for the needs of the Ministry of Interior. According to the published data, the value of the concluded...
Economy 08.07.19 | 16:54

Cost of living increased compared to June 2018

The cost of living index decreased by 1.1 percent in June compared to May, but rose 0.3 percent year on year, compared to June 2018. Prices rose among fruits (3.9 percent), tourism packages (3.8 percent), air travel (3.1 percent) and a host of other categories. A decrease was recorded in the cost of...
Economy 05.07.19 | 15:53

Anti-Corruption Commission urges Zaev to appoint Finance Minister as soon as possible

At Friday’s briefing of the State Commission for Prevention of Corruption, member of the State Commission for Prevention of Corruption, Vladimir Georgiev, urged Prime Minister Zaev to appoint a Minister of Finance as soon as possible. Until then, he can only monitor the process of work in the Ministry,...
Economy 05.07.19 | 13:42

Surplus food to be donated by law

The Government of the Republic of North Macedonia at today’s session adopted the information on drafting a law on donating surplus food. According to the information, as the government informed in a press service, the ministries of labor and social policy and local self-government and ZELS are...
Economy 05.07.19 | 10:59

There is a pension fund scandal after all: Contributions not paid to 14,000 citizens

The number of citizens who have not been transferred money from the Pension Fund to the second pension pillar MAPAS is growing. From the initially estimated 12,000, the figure has risen to over 14,000 people. In order to compensate them, the state transferred a total of 18 million euros from the budget...
Economy 05.07.19 | 09:50

The government takes away Euromax’s concession for the Ilovica mine

At Thursday’s government session, a decision was taken to take away Euromax’s concession for the Ilovica mine. The information provided by the Ministry of Economy states that the company did not submit all necessary documents required by the Law on Mineral Resources for obtaining a license...
Economy 03.07.19 | 15:57

Zaev: My intention is to make major decisions in the finance sector that will benefit the citizens

Prime Minister Zoran Zaev, who is to temporarily assume the post of minister of finance until the appointment of a new minister, said Wednesday that his intention is to delegate competence and to make major decisions that will benefit the citizens. My intention is to make major decisions that will benefit...
Economy 02.07.19 | 23:27

Pope Francis landed in Macedonia with a defective radar system

Pope Francis landed in Macedonia with a defective radar system at the Skopje airport. The basic radar system at the Skopje airport did not work when Pope Francis landed in Macedonia on the morning of May 7, Telma reported. As well informed sources told Telma, in April and May this year, the basic radar...
Economy 02.07.19 | 16:36

Award-winning international environmental group accuses Angjusev of influencing the distribution of subsidies

The Bankwatch environmental group accuses Vice Premier Koco Angjusev of influencing the legislation to encourage his businesses with hydropower plants in Macedonia. According to the organization, which cooperates with the environmental group Eko-Svest from Macedonia, Angjusev influenced allowing unlimited...
Economy 01.07.19 | 13:06

Macedonia may be left without bread

Macedonia may be left without bread wheat this year. Harvest in Serbia began a few days ago, but local farmers say that there is not enough wheat for export this year. This is very important for us, because most of the import of wheat and flour in the country comes precisely from the Serbian fields, ...
Economy 01.07.19 | 12:42

Ever since SDSM and Zaev are in power, the economy is sinking – many citizens barely make ends meet

Ever since SDSM and Zaev are in power, the economy is sinking. A large number of citizens barely make ends meet, VMRO-DPMNE says. The number of workers in the industry is reduced. Namely, in May 2019, the number of workers in the industry is 2.5% lower than the number of workers in the industry for the...
Economy 01.07.19 | 10:35

Government project on VAT return for citizens kicks off

As of Monday, citizens will have the opportunity to apply for a 15-percent return of the Value Added Tax (VAT), in the framework of the Government project “My VAT”. This service will allow citizens to be returned up to 50 million euros a year, and the limit for one person will be 1,800 denars...
Economy 30.06.19 | 09:29

As of Monday, lower roaming prices in Serbia, Montenegro, Albania, Kosovo and BiH

Prices for roaming services between Macedonia, Serbia, Montenegro, Albania, Kosovo and BiH will decrease by 27% on Monday, and from July 2021 they will be completely abolished. The dynamics of price reduction is in line with the agreement signed at the Second Digital Summit for the Western Balkans, as...
Economy 29.06.19 | 17:30

Raskovski rigged the contract after all

The news portal “Kurir” published a comparison of facts that shows that Dragi Raskovski, the Secretary General of the Government of Macedonia, after all, rigged a contract. The news portal “Expres.mk” published Friday a conversation between three senior state officials over a...
Economy 29.06.19 | 13:31

M-NAV contradicts Raskovski that the disputed contract was signed in 2016

M-NAV contradicts Dragi Raskovski, the Government’s Secretary General who claimed that the contract mentioned in the media was signed in 2016. On Friday, Expres.mk published a text saying that Raskovski rigged a public procurement contract worth seven million euros. According to the news portal,...
Economy 28.06.19 | 10:33

Tax rebate law pushed through Parliament

In an expedited procedure, the Parliament yesterday adopted the proposed law for value added tax reimbursement. The law provides that consumers will be able to claim a rebate of 15 percent on the amount they pay in value added tax. The VAT tax, set at 18 or 5 percent, depending on the product, is the...
Economy 27.06.19 | 22:21

Government is silent when asked about the actual impact of its ministers tasked with attracting foreign investments

Following the exceptionally low inflow of foreign direct investments, PressingTV asked the Government for details about its ministers who are tasked with courting foreign companies to open manufacturing plants in Macedonia. There was no response and their websites are left empty, without a list of their...
Economy 27.06.19 | 21:46

Only one household paid property tax in the whole of Aracinovo

Discussing the dire conditions of municipal budgets, the Mayor of Veles Ace Kocevski made a shocking revelation – that the municipality of Aracinovo collected a total of 970 denars in property taxes. The sum amounts to 15 EUR and would be equivalent to a single payment. Kocevski initially said...
Economy 27.06.19 | 13:16

PRO confirmes: 1TV’s account blocked

PRO confirmed that the account of the legal entity 1TV Dooel Skopje was blocked. PRO told “Sloboden pecat” that regarding the reasons for blocking the account, “in accordance with the Law on Tax Procedure, the PRO is obligated to keep all documents, information, data or other facts...
Economy 27.06.19 | 10:52

PRO blocked 1TV’s account?

The Public Revenue Office blocked the bank account of 1TV, “Faktor” has learned. The news has not been confirmed for the time being, but according to the information that “Faktor” obtained, the account was blocked on Wednesday. Republika asked the PRO for answers, whether and...
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