Free economic zones – shrouded in mystery
It is problematic that the government’s support in economic zones is opaque, different budget items are used, which makes it particularly difficult to determine how much money has been spent for these foreign investors, analysts say author: Natasha Stojanovska Article is originaly published on May 6, 2015 at Faktor.mk Trying to attract more foreign investments, the government not only provides customs and tax exemptions, but also offers direct state aid by subsidizing fees for employees’ salaries. But no institution discloses exactly how many people are employed in factories that are part of the free economic zones and the amount of allowances that foreign owners of factories have received from the state, specifically for employment. The data is kept secret, and one of the prisms through which we can see the effects of state aid that foreign companies get in...