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Tags димитар богов

Tag: димитар богов

SDSM: Bogov confirms VMRO-DPMNE’s catastrophic economic policies

"Today, even the governor of the National Bank, Dimitar Bogov who during his mandate has kep quiet towards the policies of the government led by VMRo-DPMNE, by revising the rate of economic growth of 2.5 percent has confirmed the catastrophic economic moves of the previous government that are destroying the economy" said SDSM's announcement regarding the decrease of...

Bogov: Investments have failed, GDP will increase by 2.3%

This year investments have failed, affecting the projection of growth of the gross domestic product to 2.3% in 2016, said Governor Dimitar Bogov, at the presentation of the October macroeconomic projections. “All investments totally failed: public, private, foreign and domestic. The general ambience due to the political crisis was not the most suitable and it affected investor confidence. Increasing the...

Bogov: The projected economic growth of 4.1 percent will not be achieved

Governor Dimitar Bogov announced that the projected economic growth of 4.1 percent will not be realized because of political uncertainty. “Political uncertainty has a negative impact on the economy, and I hope that this situation will soon be over. Economic agents need certainty and a stable environment to work in. In April we had a projection of 4.1 percent growth...

Bogov: No need for outside assistance due to the Greek crisis

To prevent the possible impact of the crisis in Greece, the Macedonian banks do not need outside help, but access to the instruments of refinancing of the European Central Bank can serve as a good support if necessary, said Governor of the National Bank of Macedonia Dimitar Bogov. - We don’t expect Macedonia to need any outside assistance. We believe...

Public spending decreases, the crisis takes its toll

Public spending is one of the first indicators of economic conditions and is the first to strike if there is a crisis. Any reduction in continuity means the citizens' refraining from spending and may indicate that the political crisis takes its toll. Public spending has declined stated the Executive Director of the Union of Chambers of Commerce of Macedonia, Mitko Aleksov. -...

Bogov assured the Turkish investors in the stability of the economy

The Governor Dimitar Bogov assured the Turkish investors in the stability of the economy, the exchange rate of the denar, the setting in which they work and asked them to invest as before. - The National Bank will maintain the macroeconomic stability, stable exchange rate and the banking system. Vulnerability of the MKD, which is stable and since 1997 is...

Gruevski and Bogov warn of “anxiety” among investors and the companies

At yesterday’s gathering "Macedonia strong," Prime Minister Nikola Gruevski said that although there have been no serious damage to the economy, the psychological condition after the terrorist attack, as well as Zaev’s statements that "there will be blood" began to cause problems to the Macedonian economy, especially in part of export. - Foreign investors, as well as domestic, are anxious,...

Bogov: If the crisis lasts, investments and consumption will suffer

Governor of the National Bank of the Republic of Macedonia Dimitar Bogov stated that if the political crisis lasts, it will have a negative effect on macroeconomic projections, which would decrease, especially in the part of investment and private consumption. - Investors refrain from investing in uncertain environment. They require stability, predictability and reliability. Also, in an uncertain environment, the...

Bogov: In the long run, the political crisis will have a negative effect on the economy

Governor of the National Bank Dimitar Bogov thinks that if the political crisis in the country lasts, it will have a negative impact on the economy in the long run. "On 7th or 8th of May, we will announce projections and see if we would stay on the estimates for the economic growth of 4.1 percent. If we consider the...