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New moments in the conditions of the extended measure “60/40”

Yesterday – October 12th, 2021, the Council of Ministers № 322 / 07.10.2021 for promulgation of the measure “60/40” (Council of Ministers № 151/2020) was promulgated. The decree enters into force on 01.08.2021 and will be applied from August 1st to December 31st this year.

It is important for all applicants that the new design of the measure sets new deadlines for submitting applications as follows:

– For payment of funds for the months of August and September 2021, applications must be submitted by October 31st, 2021;

  • – For the month of November 2021, applications will be submitted by December 10th, 2021;
  • – For December 2021, employers will be able to apply in case of extension of section 3.10 of the Temporary Framework for State aid measures to support the economy in the current epidemic of COVID-19 after December 31st 2021;

The funds will be paid in the same percentages (according to the established percentages of decline in turnover) on the insurance income and the due insurance contributions for the month of July 2021 (in the previous design of the measure – April 2021).

Funds will be sent to employees hired before May 1st, 2021 (in the previous design – before January 1st, 2021).