Ministry of Finance

29^th March 2020, Skopje - We should protect every job, so as for everyone to have the necessary funds to get through this period. We should protect the liquidity of the budget so as to service the liabilities and protect the liquidity of the economy, which needs to be restarted afterwards. These are the goals we pursue in dealing with the crisis and managing the Budget, Minister of Finance Nina Angelovska said in an interview for Radio Free Europe.

27^th March 2020, Skopje – Today, Government of the Republic of North Macedonia adopted a decree, aimed at COVID-19 prevention, prescribing the each company can issue their clients invoices electronically, in pdf. format, regardless of whether they are digitally signed using digital signature certificate or not.

27^th March 2020, Skopje – Taxpayers generating income from self-employed activity and taxpayers of the profit tax may be exempt from advance payments, for the purpose of retaining greater liquidity and overcoming the initial effects caused by Coronavirus crisis. Those who will submit request to the Public Revenue Office are entitled to be exempt from monthly advance payments for March, April and May 2020.

Decree is adopted, regulating that the banks and the saving houses can offer, in the course of the state of emergency, extension of installment payments and other benefits for the citizens and the companies, thus easing the loan repayment during the Coronavirus crisis. It is prepared jointly by the National Bank, the Ministry of Finance and the Macedonian Banking Association, all to the end, in a state of emergency, for the possibilities, provided under the regulatory amendments adopted by the National Bank, to be implemented in a swifter and more straightforward manner, aimed at easing the financial burden on the citizens and the companies which, due to the Coronavirus crisis, face or could face real difficulties in repaying the loans to the banks and the saving houses.

22^nd March 2020, Skopje – Ensuring the provision of sufficient budget funds in every scenario, as well as providing liquidity and financial injection into the economy through measures for assistance to companies are the current priorities, Minister of Finance Nina Angelovska said at a press conference financing the budget in conditions of corona crisis. Minister of Finance announced that plan is to withdraw EUR 400 million as favorable funds through the bridging instrument, EUR 87 million from the IMF funds, as World Bank's Emergency Development Policy Grants, wherefrom, around EUR 100 million is expected to be withdrawn.