{"id":39213,"date":"2022-06-30T16:10:09","date_gmt":"2022-06-30T14:10:09","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=39213"},"modified":"2022-06-30T17:14:42","modified_gmt":"2022-06-30T15:14:42","slug":"e50-million-from-state-budget-for-300-construction-companies","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/","title":{"rendered":"\u20ac50 million from state budget for 300 construction companies"},"content":{"rendered":"<p>A government normative act on compensating construction companies for raw materials ignited Thursday a strong debate in parliament.<\/p>\n<p>Finance Minister Delina Ibrahimaj announced that 300 companies will benefit from the act and that the costs incurred to the state budget are estimated at 6 billion Albanian Lek.<\/p>\n<p>\u201cThe considerable increase in the price of raw materials in the market has slowed down a sizable portion of public contracts, as their further performance would cause irreparable losses for their companies until their bankruptcy\u201d, said Ibrahimaj.<\/p>\n<p>\u201cThis situation would force ongoing constructions to come to a halt and it would slow down the finalization of objects that have already been considered in this year\u2019s budget\u201d, she added.<\/p>\n<p>Democrat MP Grida Duma accused the government on Thursday of favoring only a few firms.<\/p>\n<p>But it wasn\u2019t only the opposition who was criticizing the government at the plenum.<\/p>\n<p>Erion Brace from the Socialist Party said the government initiative is the right one, but called for more transparency.<\/p>\n<p>\u201cThis act has a large and deep vacuum which shows the way how our capitalists, and sometimes even we, tend to think about things. We will pay more for iron, cement, bitumen, pipes, and fences, in fact even for those prices who are straightforwardly abusive, due to a bunch of traders in our concentrated markets\u201d, Brace said from the podium of the parliament.<\/p>\n<p>The government will compensate developers contracted for public works 5-30% as prices for raw materials have skyrocketed.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2022\/06\/13\/8-reconstruction-tenders-won-by-companies-whose-owners-were-under-investigation\/\">8 reconstruction tenders won by companies whose owners were under investigation<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2022\/05\/30\/construction-industry-not-hit-by-the-crisis-permits-up-by-58\/\">Construction industry not hit by the crisis, permits up by 58%<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2022\/05\/17\/government-to-give-e80-million-in-subsidies-to-construction-companies\/\">Government to give \u20ac80 million to address soaring construction costs<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A government normative act on compensating construction companies for raw materials ignited Thursday a strong debate in parliament. Finance Minister Delina Ibrahimaj announced that 300 companies will benefit from the act and that the costs incurred to the state budget are estimated at 6 billion Albanian Lek. \u201cThe considerable increase in the price of raw [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":39215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[270,1690,1691,473,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u20ac50 million from state budget for 300 construction companies - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u20ac50 million from state budget for 300 construction companies - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"A government normative act on compensating construction companies for raw materials ignited Thursday a strong debate in parliament. Finance Minister Delina Ibrahimaj announced that 300 companies will benefit from the act and that the costs incurred to the state budget are estimated at 6 billion Albanian Lek. \u201cThe considerable increase in the price of raw [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-30T14:10:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-30T15:14:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/06\/Ndertimi-1068x601-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1068\" \/>\n\t<meta property=\"og:image:height\" content=\"601\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"\u20ac50 million from state budget for 300 construction companies\",\"datePublished\":\"2022-06-30T14:10:09+00:00\",\"dateModified\":\"2022-06-30T15:14:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\"},\"wordCount\":283,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2022\/06\/Ndertimi-1068x601-1.jpg\",\"keywords\":[\"albania\",\"brace\",\"constrction\",\"Ibrahimaj\",\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\",\"url\":\"https:\/\/euronews.al\/en\/e50-million-from-state-budget-for-300-construction-companies\/\",\"name\":\"\u20ac50 million from state budget for 300 construction companies - 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