The fifth set of economic measures provides grants for positive economic results, financial support for exports, significantly increased access to loans and liquid assets through funds – i.e. a series of measures to support the development component and generate growth, Finance Minister Fatmir Besimi says in an op-ed.
He points out that the new set of measures, soon to be adopted, is aimed at revitalization and development, the Ministry of Finance said.
“The fifth set of anti-crisis measures is created based on intentions to encourage positive business results, to support export activity, support access to capital of companies, encourage investment activity, improve competitiveness, investments in human capital, digitalization and investments in innovation and development, i.e. to support revitalization and development,” Besimi notes.
According to him, the coming period will be focused on three main goals: maintaining people’s health, social security, and supporting the economy. He points out that fiscal policy is also focused on these areas, and thus the 2021 budget includes over EUR 640 million for healthcare, about EUR 1.5 billion for social support, and over EUR 1.4 billion to support economic development.
In addition, the Finance Minister says that SMART finances are a concept that will give results in terms of revitalizing the economy, through a comprehensive strategy and planning, vigilant monitoring of the results and measuring their impact.
