ANNOUNCEMENT 18 Nov 2014

In November 2014, the government of Macedonia announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 18 Nov 2014 | Removal date: open ended
Still in force

Price stabilisation

On 14 February 2014, the government of the Republic of Macedonia announced new subsidies to domestic tobacco farmers.
 
The financial support is a subsidy of 60 MKD (USD 1.05) per sold kilo of tobacco. The total volume of these subsidies is 1.2 billion denars (USD 21,038,340).
 
The subsidies were paid on the condition that the tobacco was sold to one of the 10 predominant tobacco wholesale corporations. These corporations are Alliance One, Orbita Tabak, Pashoski, Sokotob Bitola, Strumica Tabak, Tutunski Kombinat Prilep, Toni mit Jaka Tobacco, Centro Tobacco, Dalija Tabak and Kaveks Balkan.
 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED SECTORS

 

AFFECTED PRODUCTS