TIRANA, May 27 /ATA/ – Minister of Finance and Economy, Anila Denaj, visited on Monday a custom – made enterprise, part of apparel and footwear industry, which is operating in the city of Berat.
According to her, the govt. in place is committed to increase VAT returns which are expected to reach normal rates within this quarter and starting from July this year the reimbursements for several business categories will be paid on a periodic basis.
Denaj saw first- hand this business and got acquainted with the challenges facing this enterprise in its activity. The company has benefited VAT return which has boosted its economic activity.
The Minister expressed the commitment of the Ministry of Finance and Economy to pay all overdue returns as soon as possible. She also informed that in the first months of 2019, approximately $ 12 million or 28% more in VAT reimbursements than the corresponding period last year have been paid.
“In these 5 months we have paid USD 12 mln more than 5 months of 2018 and I believe that until the end of June we will pay our arrears to apparel and footwear industry, collectors and exporters,” Denaj said.
According to sourcers, the Albanian Center Company and Intext have been operating in apparel and footwear sector for 20 years now contributing to employment in the region of Berat. The company in question has a considerable number of employees and plans to expand with more than 1 thousand others in the future.
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