Tax concessions on import of goods and services for rehabilitation of Byk River

The import and delivery of goods and services intended for the implementation of the project “Rehabilitation of the Bac River and Protection against Floods in Chisinau” will benefit from tax and customs facilities. A draft law providing for this was voted on today in two readings by Parliament, IPN reports.

The legislative initiative belongs to the unaffiliated deputy Gaik Vartanean, and the substantiation note of the document states that the exemption from VAT, customs duty and customs procedure fees will generate savings of about four million euros. According to the author, the money saved will be redirected to other social and infrastructure projects.

The project „Rehabilitation of the Bac River and Flood Protection in Chisinau” has a total budget of 12 million euros. This includes a loan of 8 million euros and a grant of 4 million euros, provided by the European Bank for Reconstruction and Development.

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Meteorologists have issued a yellow heatwave warning for this weekend. In most parts of the country, the maximum temperatures will reach +34 degrees Celsius, reports IPN.

The warning is valid for the center, south, and east of the country. Several districts in the north are also under the yellow code. The northernmost districts of the country such as Briceni, Ocnita, Edinet, Drochia, Soroca, Glodeni, Rascani, and Donduseni – are not affected by the warning.

According to the Authority for Meteorology and Environmental Monitoring, the warning can be updated depending on the evolution of weather phenomena.

During periods of heatwave, authorities recommend people to avoid prolonged exposure to the sun during peak hours, to consume enough fluids, and to pay increased attention to children, the elderly, and people with chronic conditions.

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Tax concessions on import of goods and services for rehabilitation of Byk River

The import and delivery of goods and services intended for the implementation of the project “Rehabilitation of the Bac River and Protection against Floods in Chisinau” will benefit from tax and customs facilities. A draft law providing for this was voted on today in two readings by Parliament, IPN reports.

The legislative initiative belongs to the unaffiliated deputy Gaik Vartanean, and the substantiation note of the document states that the exemption from VAT, customs duty and customs procedure fees will generate savings of about four million euros. According to the author, the money saved will be redirected to other social and infrastructure projects.

The project „Rehabilitation of the Bac River and Flood Protection in Chisinau” has a total budget of 12 million euros. This includes a loan of 8 million euros and a grant of 4 million euros, provided by the European Bank for Reconstruction and Development.

📢 IPN is on Google News. Subscribe!






1 IANUARIE, 2025
1 IANUARIE, 2025