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Tag: IMF

IMF says National Bank of RNM acted accordingly with Eurostandard Bank, the opposition requests oversight hearing

The International Monetary Fund's Executive Director Anthony De Lannoy, member of the IMF's Executive Board for North Macedonia, remarked that the National Bank of North Macedonia (NBNM) has acted correctly regarding the revocation of Eurostandard Bank's banking licence and requesting bankruptcy procedure. He stressed that during the meeting with the teams of both the NBNM and the Finance Ministry...

IMF: The country needs political stability, reforms and greater openness in the market

We are encouraged by the economic progress in the region, including your country. It is important for this region to remain open and to engage economically outside its borders. It is very important to strengthen ties with the largest trading partners. This was stated today by Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF), at the International...

Tomorrow, the attention of the world’s financiers will be directed to the conference in Skopje

Tomorrow in Skopje, high representatives from the International Monetary Fund (IMF), the European Central Bank (ECB) and the World Bank will discuss the current situation of the global economy, and in which direction it is going. The International High Level Conference regarding Monetary Policy and Financial Management is organized by the National Bank, and the theme is "Global Economic Expansion,...

Minister Minoski Participated At Annual Meetings With World Bank And IMF

“Most of the Governments priorities in the economy are fully aligned with the priorities of the World Bank. We are thinking about projects where the main focus will be the development of the private sector, linking domestic companies with the free economic zones, projects in the areas of road construction, and strengthening our efficiency in energy , "said Minister...

SKSM: The Eurobond is to keep the social peace, and not to help develop the economy

The Economic Chamber of North-West Macedonia (SKSM) expressed concern about the state's intention to issue a Eurobond in the amount of 650 million euros and believes that the money is to buy social peace, and not to bring fresh capital to the economy. According to SKSM, the Eurobond will be used to cover current obligations, or for salaries and pensions...

European Commission cuts 27.1 million euros from Macedonia’s IPA funds

The European Commission has decided to cut 27.1 million euros from IPA funds for Macedonia, reports "Alsat M". The European Commission has informed the Government of the Republic of Macedonia, according to the information from this media outlet, and they are planning to cut 50 million euros from the remaining IPA funds. The European Office who is responsible for investigations related...

IMF team to visit Macedonia

From tomorrow until July 8, a team of the International Monetary Fund, led by Jesmin Rahman, will stay in Skopje. The visit is to implement the annual review of the Macedonian economy. As announced by IMF, preliminary assessments will be announced at the end, and a report which will be discussed at the meeting of the Executive Board of IMF...

Debt to IMF prematurely settled

Republic of Macedonia prematurely settled the debt for precautionary credit line in the amount of 312 million US dollars to the IMF, thus saving five million euros, informed Deputy Prime Minister and Finance Minister Zoran Stavreski. With yesterday’s transaction in Washington in the amount of 174 million dollars, the entire debt of the credit line is paid and it...