Government Freezes Margins of Prices of School Supplies

PM Hristijan Mickoski informed that the government held a session on Tuesday afternoon, at which they adopted the decision to freeze the price margins at 5% in wholesale and at 10% in retail trade of school supplies, including backpacks, notebooks, pens, pencils, colours, play-dough, brushes, rulers, rubbers, sharpeners etc.

“We are adopting this measure in order to help parents for whom the expense for new school supplies for their children are too high. We decided to intervene after we analysed the situation with the prices of school supplies,” Mickoski said.

At this session, the government also approved the draft-law for loaning 500 million euros from Hungary, with interest rate of 3.25%, and grace period for 24 half-year instalments, which will be paid every February and August in a period of 12 years after the loan is acquired.