kosovo

Kosovo: Cash benefit for unemployed workers due to COVID-19

Submitted by mmarquez on Mon, 02/01/2021 - 11:39

Prishtina Insight (27.12.2020) A 30 million euro fund was launched to provide financial support for workers finding themselves unemployed due to the pandemic. Three monthly payments of up to 300 euros were made available for workers who can document that they lost their jobs between February 29 and December 30. 

Regions / Country
kosovo
Global challenges
Topics
Unemployment
COVID-19

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Kosovo: Access to up to 10% of the mandatory individual account to weather COVID-19

Submitted by mmarquez on Mon, 02/01/2021 - 11:26

Social Security Admninistation (31.01.2021) As part of its efforts to provide relief to individuals and businesses affected by the COVID-19 pandemic, Kosovo enacted a law on December 7 that allows participants of the country's mandatory individual account pension program to withdraw up to 10 percent of their account balances. According to the law outlining the package, withdrawals from all individuals with savings under 9,999 euros will be reimbursed by the Government from 2023 onwards.

Regions / Country
kosovo
Global challenges
Topics
Old-age pensions

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 17:09

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 monthly assistance in the amount of one hundred and thirty (€130) Euros to citizens who lose their jobs due to the public health emergency situation, for April, May and June, amounting up to four million (€4,000,000.00) Euros;

Regions / Country
kosovo
Global challenges
Topics
Unemployment
Cash transfers

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 17:06

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.

Regions / Country
kosovo
Global challenges
Topics
Employment
Cash transfers

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 16:59

 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.

Financial support for business organisation under financial distress due to the downfall of their business activity that resulted from the public health emergency situation, as follows:

Covering of the value of pension contributions with regard to the measures foreseen under this Decision for April and May, amounting to eight million (€8,000,000.00) Euros.

Regions / Country
kosovo
Global challenges
Topics
Contribution collection and compliance

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 16:55

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.

Financial support for business organisation under financial distress due to the downfall of their business activity that resulted from the public health emergency situation, as follows:

  • Covering of expenditures for the monthly salaries in the amount of one hundred seventy (€170) Euros for April and May, a measure amounting to forty-one million (€41,000,000.00) Euros;
Regions / Country
kosovo
Global challenges
Topics
Employment

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 16:49

 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.

Regions / Country
kosovo
Global challenges
Topics
Social assistance
Cash transfers

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Kosovo: Fiscal Measures and Fiscal Emergency Package for Business Organizations

Submitted by siha on Thu, 05/28/2020 - 16:45

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.

Double payment of the social assistance scheme to all beneficiaries of social assistance schemes for April and May, a measure amounting to seven million six hundred fifty thousand (€7,650,000.00) Euros, including payments executed for March;

Regions / Country
kosovo
Global challenges
Topics
Social assistance
Cash transfers

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Kosovo: Early payment of pension and social schemes in time if crisis

Submitted by siha on Thu, 05/28/2020 - 16:28

 Ministry of Finance and Transfers (21.05.2020)  The Kosovo Treasury has executed the payment of all pension and social schemes for over 310 thousand beneficiaries, a few days before the regular time, due to the pandemic situation and in respect of the official holiday of the Great Eid.

Regions / Country
kosovo
Global challenges
Topics
Old-age pensions
Financial crisis

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