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Tags Growth

Tag: growth

National Bank reports favorable shifts in the economy

The committee for operational monetary policy at the National Bank, yesterday decided that the interest rate on central bank bills will remain at the same level of 2.25% due to a favorable shift in the economy. "In regard to the latest macroeconomic indicators, after a relatively solid growth of the economy in 2018, so far, available high frequency indicators of...

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...

NBM has downgraded the projection of the economic growth from 3.2 to 2.3 %

The National Bank has downgraded the growth projection for the Macedonian economy from 3.2 % in April to 2.3 % in November. The quickening of the growth is expected next year when it is expected to reach 3.5%, 3.8 in 2020 and 4% in 2025. The Governor of the National Bank, Anita Angelovska Bezoska said that the correction made...

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...

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...

Gruevski: Macedonia has growth of 223 percent in the number of jobs created

Macedonia is in the first place with growth of 223 percent in the number of jobs created per capita in Europe, Slovakia is second with growth of 128 percent or almost twice less, stated the Prime Minister Nikola Gruevski when asked to comment on the latest report by Ernst & amp; Young in which 43 countries in Europe were...