• Monday, 23 December 2024

Bytyqi-Spajic: Public finances benefiting citizens, support for businesses, new investments, higher wages

Bytyqi-Spajic: Public finances benefiting citizens, support for businesses, new investments, higher wages
Skopje, 2 December 2021 (MIA) – Attraction of new investments, improvement of the living standard through higher wages and support for businesses amid the COVID-19 crisis were in the focus of a meeting of Deputy PM for Economic Affairs Fatmir Bytyqi and Montenegro Minister of Finance and Social Welfare Milojko Spajic in Podgorica on Thursday. Bytyqi and Spajic agreed that the Western Balkans is well-positioned to be recognized during the post-covid period as an attractive region for investments by companies from the area and big international corporations, due to its proximity to EU members and current processes, thus raising its competitiveness, the Deputy PM Office said in a press release. They noted that higher minimum wages affect the people’s living standard and lead to increased wages in general. Interlocutors also exchanged opinions over support provided to the economies and citizens in both countries during the covid-crisis, focusing on the health system, liquidity of the economy, keeping jobs, but also development projects for accelerated post-covid recovery, reads the press release.