Media ININ Economy We Trust
Vienna, April 30, 2020 WM
Chancellor Sebastian Kurtz, Prime Minister of Austria, announced a package of new measures to stimulate the economy and counter the expected recession resulting from the repercussions of the new epidemic of the Corona virus, stressing the government’s interest in providing relief to affected companies through several means, including pumping direct investments and increasing the volume of capital.
Kurtz explained that the new procedures package is based on three main axes that include granting new tax exemptions benefiting the weak and medium working groups, reducing the tax burden on companies in order to maintain jobs and create new job opportunities, and inject new investments in the fields of environmental protection, information technology and infrastructure projects To create more jobs.
The Austrian government’s decision comes in conjunction with the reopening of all shops and shopping centers and the activation of several sectors in Austria after tomorrow, Saturday, after the new epidemic of the Corona epidemic has receded significantly, as the Ministry of Health figures show a decline in the daily casualty rate during the last two weeks, and registering a rate of 0.3% by 52 A new infection during the past twenty-four hours, coinciding with the increase in the number of people recovering to 12,907, out of a total of 15,388 people who have been infected with the virus since its appearance in Austria, and recorded 551 deaths.
