President signs law on support for companies due to energy market situation until 2024

The President has signed a law "On the principles of implementation of support programs for entrepreneurs due to the situation on the energy market in 2022-2024". It aims to provide financial support to entrepreneurs for whom the conduct of business activities is threatened by rising electricity and natural gas prices, the Presidential Administration has said.

The Act establishes a framework of state programs adopted by the Council of Ministers resolution that can be implemented between 2022 and 2024.

Source: ISB News