The government did not continue the measures to alleviate the crisis, there is room for new price increases

Photo: "Free Press" - Dragan Mitreski

The government held a session today, but there was no item on the agenda for the continuation of anti-crisis measures. As of midnight, the importance of the measures adopted in March to mitigate the effects of the economic crisis expires, and with this, a new wave of price increases for food and many other products and services expires.

Like what inform from the Government for "Deutsche Welle", the supplementary budget envisages a certain amount of funds to mitigate the effects of the crisis, but so far there are no proposals for specific anti-crisis measures.

With the expiration of the interim government anti-crisis measure that reduced fuel prices, excises and VAT in a period of three months, the prices of derivatives could jump dramatically from midnight. From tomorrow, the VAT rate returns from 10 to 18% in the circulation of energy sources: diesel, unleaded gasoline, gas oil, liquefied petroleum gas (LPG) and methane, as well as the excise tax of 2 denars on oil and oil derivatives, which Gasoline and oil prices are expected to rise significantly.

This abolishes one of the 26 measures for protection of living standards and liquidity of companies, for protection of living standards as well as measures for financial support of business entities, which were adopted in March this year.

The parliamentary group of VMRO - DPMNE and the Coalition for Reconstruction of Macedonia announced that it will submit a law that will exempt food products from VAT by December 31, 2022. Additionally, they demand VAT for liquid fuels to be 5% by the end of the year.

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