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Macedonia businesses await gov't formation to be paid for public works

Xinhua, May 8, 2017 Adjust font size:

Businesses in Macedonia are waiting for the new government to be formed in order to be paid for public works they have carried out, local media reported Monday.

After entering office, the new ministers must find a way on how to pay these debts, Mile Boshkov, head of the Business Confederation, told reporters.

He said that business expected the new government to focus on entrepreneurship, to allocate more funds for small and medium sized businesses and above all, secure funds in order to pay debts.

Many public works have been carried out by domestic companies, but a part of them have not received any money from the state.

Referring to official data of the Macedonian Chamber of Commerce, the state owes around 700 million euros (765 million U.S. dollars) to companies here for the completed public works. Endit