Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 16:49
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 ICLG.com Briefing (05.05.2020) Decision No. 01/19, dated 30/03/2020 (“Decision”), approved by the Government of Republic of Kosovo, has enacted the Emergency Fiscal Package.

Payment of an additional sum of thirty (€30) Euros per month to all beneficiaries of social assistance and pension schemes who receive a monthly payment lower than one-hundred (€100) Euros, for April, May and June, provided that they are beneficiaries of only one scheme.

measures summary

Payment of an additional sum of thirty (€30) Euros per month to all beneficiaries of social assistance and pension schemes who receive a monthly payment lower than one-hundred (€100) Euros, for April, May and June, provided that they are beneficiaries of only one scheme.

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Regions / Country
Global challenges
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Decision No. 01/19, dated 30/03/2020 (“Decision”), approved by the Government of Republic of Kosovo, has enacted the Emergency Fiscal Package, with purpose of financial support for the business organizations, employees and individuals that are facing financial difficulties due to the public health emergency as consequence of Virus COVID – 19

Payment of an additional sum of thirty (€30) Euros per month to all beneficiaries of social assistance and pension schemes who receive a monthly payment lower than one-hundred (€100) Euros, for April, May and June, provided that they are beneficiaries of only one scheme; and reinstatement into the list of beneficiaries of all persons who, as a result of the failure to appear or lack of assessment for the period January-March 2020, have not had their entitlements renewed. This measure amounts to thirteen million (€13,000,000.00) Euros;