The repayment of state's liabilities to the economy by way of VAT return and contracts is proceeding according to plans, and the state will observe the February deadline, Vice Premier and Finance Minister Zoran Stavreski told journalists on Wednesday.

"The debt repayment is proceeding well. It has been reduced to EUR 10 million, meaning that EUR 82 million have been repaid over the past five months. The firms' liquidity has improved and I believe the deadline by the end of February will be observed", said FinMin Stavreski.

The Government measure was launched in September of last year, with liabilities set to be reduced to zero by the month-end.