Gov't announces new measures aimed at tackling depreciation of the euro

11 Maj 2023, 15:31Economy TEMA

Ministry of Finance and Economy has announced a package of measures today aimed at addressing the concerns raised by import-export companies, which are worried about the depreciation of the European currency and the effects that this has on their earnings.

The first measure that the ministry introduced has to do with the payment of the tax on profit. Under the new measures, these companies will have until the end of 2023 to pay the tax on profit. On the other hand, the government has also reduced the time for the refund of VAT from 30 days to 3 days.

Minister of Finance, Delina Ibrahimaj considered these to be as "temporary solutions", while representatives of these companies requested more support.

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