More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth

Economy Tags: Coronavirus, GDP, Retail, Tourism
Photo by MacroPolis
Photo by MacroPolis

The government is lining up more fiscal measures to prop up the economy as forecasters becoming increasingly gloomy about the impact of the coronavirus.

The legislative act for the first set of measures to support businesses affected by the virus was due to come into effect on Thursday. It includes the deferral of VAT and other tax and social security obligations for four months for companies in impacte...

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