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"Fast refund of VAT", Rama reaches an agreement with representatives of the Fason business: Financing scheme for...

2024-01-17 10:27:25Politikë SHKRUAR NGA REDAKSIA VOX
"Fast refund of VAT", Rama reaches an agreement with representatives
Edi Rama

Prime Minister Edi Rama met the representatives of the fashion business where they reached several points of agreement. Through a post on social networks, the head of government says that the interventions agreed upon will stimulate transformation and investments in technology and innovation.

Thus, an agreement was reached between the government and the fashion business for a quick refund of VAT through a dedicated channel for companies in this industry.

Providing a facilitating mechanism (overdraft) for quick availability of liquidity, according to contracts with customers that companies must put into production.

A sovereign guarantee for investment in technology and innovation.

A financing scheme for the establishment of a professional academy for manufacturing and related training in the company.

According to Prime Minister Rama, these support measures will help overcome the challenges.

Rama's full post

Pyramid of Tirana - In the "House of Business" with the representatives of the industry association with custom materials (fason), to discuss the needs for the further transformation of the sector, in the example of the leading companies in the sector; the support measures we will undertake to overcome development challenges; the necessity of the understanding by all actors of the sector of the fact that the time of free labor as a competitive advantage has ended for some time now and this fact is faced only with investments in technology and innovation, and consequently with dignified wages.

The agreed interventions will precisely stimulate transformation and investments in technology and innovation, rapidly supporting the need for liquidity, the need for easy credit, as well as for qualified human resources:

Quick refund of VAT through a dedicated channel for companies in this industry.

Providing a facilitating mechanism (overdraft) for quick availability of liquidity, according to contracts with customers that companies must put into production.

A sovereign guarantee for investment in technology and innovation.

A financing scheme for the establishment of a professional academy for manufacturing and related training in the company.

The government will increase its commitment to further support this sector to close the production cycles itself, as well as to become more productive and competitive by strengthening the "Made in Albania" brand.


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