Ministry of Finance will submit proposal to the Government for extension of the deadline for submitting applications for purchase of courtyard lots at the price of EUR 1 per square meter.
 
Vice Prime Minister and Minister of Finance, Zoran Stavreski, expects for Ministry’s proposal to be accepted, and the Government should decide which of the two offered alternatives will be accepted.
 
– During the past few days, Ministry of Finance analysed the outcome from the project “Purchase of Courtyard Lots at the price of EUR1 per Square Meter”. The analysis is completed, and the results show that the project is exceptionally successful. 102,114 citizens, i.e. households, submitted applications within the legally set deadline for this project, 100,338 out of which were applications submitted by natural persons, and the remaining 1,776 were applications submitted by legal entities or companies using the possibility to purchase the land at lower price, Minister Stavreski said.
 
According to him, this is a huge success. – The Project, as the Minister went on, is one of the most significant projects in the history of the Republic of Macedonia, having over 100,000 natural persons and legal entities respond thereto, confirming that the project was well designed and tailor-made to the needs of the citizens and the companies.
 
He pointed out that, when doing the analysis, the Ministry emphasized that certain number of natural persons and legal entities, due to objective and subjective reasons, such as is sometimes insufficient information, non-existence of detailed urban plans, etc., did not submit or did not manage to submit applications within the envisaged deadline.
 
As the Minister underlined, the Government will discuss this issue at tomorrow’s session already, and the Ministry will propose two alternatives, one with a shorter and one with a longer deadline.
 
When asked whether interventions will be made from the commodity reserves as regards wheat, Minister Stavreski said that discussions will be held with the Ministry of Agriculture, Forestry and Water Economy, other economic sectors in the Government and the Commodity Reserves Agency today and tomorrow, assessing the need of any intervention.
 
– We are monitoring the developments and should a need arise and should such measure significantly contribute to stabilization of the market and the market conditions, it can be expected for the Government to consider such developments and reach respective decision, the Minister said, adding that general trends on the global stock markets should be taken into consideration, i.e. how the possible usage of commodity reserves can mitigate the impact coming from the global stock markets.
 
As regards issuance of Eurobond, Minister Stavreski said that capital market and market developments are being monitored, and decision will be made in the first quarter whether, if the conditions are favourable, to go to the capital market.(MIA)