The Parliament of Kosovo passed on the second read the draft law on economy recovery, following government’s support by opposition Kosovo Democratic Party (PDK) which agreed after involving amendments proposed by them.
The draft law was adopted with 72 votes, including those of PDK, during an extra ordinary parliamentary session on Friday.
The law enables taxpayers to withdraw ten per cent of their pension savings from the Kosovo Pension Saving Trust. This was one of the most controversial points which did not have the support by opposition, PDK and Vetevendosje.
But with the amendment proposed by PDK which requires the reimbursement of this ten percent, the law was supported and passed on its second read.
According this amendment only those who have less than 10 thousand euros in the Trust will be reimbursed.
Other points proposed by PDK are: Package for businesses to be 200 million euros; Payment for workers who have lost their jobs with 300 euros each and Removal of Value- Added Tax [VAT] for raw materials.
“I believe that these four amendments have enriched the package. It will be a bigger cost for the budget, but it is the only moment when the state should come to the aid of businesses,” Kosovo’s Prime Minister Avdullah Hoti said.
The draft law on economy recovery proposed by the ruling Democratic League of Kosovo (LDK) could have MPs’ support to pass on the first read, only on the seventh attempt, on October 12.
The ruling coalition failed for six times to vote the law due to the lack of quorum.