Amendments to the Law on Budget to the end of more rapid payment in case of natural disasters

Skopje, 24th August 2016 (MIA) – To the end of executing the payments more rapidly in case of natural disasters, as was the flood on 6th August, today Ministry of Finance proposed amendments to the Law on Budget, by applying summary procedure, providing the Ministry to reallocate funds up to 5% of the Budget.

Minister of Finance, Kiril Minoski, explained, at the parliamentary commission held today, when the amendment to the Law on Budget was supported, the necessity of adopting such law, so as for the damage compensation procedure to be carried out faster in future.   

The Government has already started making the advance payments to the citizens who have suffered the flood damages. Full payment as damage compensation will be made after Supplementary Budget is adopted, envisaging funds for the recently occurred floods, and the debate therefore is scheduled next week in the Parliament.