ANNOUNCEMENT 30 Dec 2014

In December 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: 30 Dec 2014 | Removal date: open ended
Still in force

Instrument unclear

The Government of the Republic of Macedonia on 30th of December 2014, approved a fund worthUSD 109,367,082 for the Program "Financial Support for Agriculture" for the upcoming fiscal year 2015. The aim of this fund is to provide financial support for the national entities and individuals (registered in governmental records) operating in the country's agricultural sector. The prior elaborated fund will be designated to finance the following activities:

  1. Gov. Measure: Direct Payments for Vegetable Production
  2. Gov. Measure: Direct Payments for Livestock-related Production
  3. Gov. Measure: Assistance in Insurance and Premiums
  4. Gov. Measure: Assistance in Protection of Agricultural Land
  5. Gov. Measure: Assistance in the Livestock Sector
  6. Financing Expenses related with the Implementation of the Program
  7. Financing Payment Obligations (related with the Program) from Preceeding Fiscal Years

 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A