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Tags GDP

Tag: GDP

The planet is overheating, if we don’t prevent the climate change, it will bring new pandemics

The COVID-19 pandemic has put the world in crucible. The economies, health systems, and the education are in the process of creating habits for the "new normal" that, when we are at it, mustn't ignore the environment and the fight against the climate change. There are cries that are getting louder and louder that the pandemics are the unavoidable...

World Bank projections contradict Governments wishes that 2019 will be an economic year

The World Bank in its latest report in January predicts growth in the domestic gross domestic product (GDP) in Macedonia at 2.9 percent in 2019, which is a sign that it will be difficult to achieve the government's announcement that this year will be an ‘economic’ year. The World Bank expects final data for 2018 to show that last year's...

SDSM: GDP growth of 3.1% confirms success of government economic policies

The 3.1% growth of the gross domestic product GDP in the second quarter confirms the success of Government economic policies and the positive impact of EU and NATO integration, SDSM said in a statement. Furthermore, the statement adds that "moving the process of Macedonia's integration into the EU and NATO affects the economy positively." "Such a process will be further intensified...

Zaev tells investors: There will be no elections in 2018, but there will be work to do

Prime Minister Zoran Zaev said that 2018 will be the year of economic development and investments. He urged domestic companies to invest because there will be no elections, but this year will be a year of work. Zaev realized his first working meeting of the year with the Minister of Finance Dragan Tevdovski, who informed him that the total realization...

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...

World Bank Predicts Economic Growth For Macedonia of Only 2%, Lowest in the Region

Economic growth in Macedonia is expected to slow down and reach only 2% in 2016 due to the decline in investments, according to the latest Economic Report of the World Bank for Southeast Europe, which was presented in Skopje today. “For the first time in six years, investments have had a negative contribution to the economic growth, as opposed to...

Investments are needed in the agricultural sector as it increases contributions to GDP

Agri-food is the third largest sector from 2005-2015 contributing 12 percent to the gross domestic product (GDP). Together with the processing industry of agricultural products, it is a total of 16 percent of the GDP. The Economic Chamber of Macedonia emphasized that investments in this sector are of great importance because they contribute to foreign trade, and the share of...