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Tag: ММФ

IMF criticized the Macedonian government in its report: The increase of the minimal wage is not a well-targeted measure

In its latest report about Macedonia, the International Monetary Fund warned of risks and unwanted effects after the Macedonian government decided to increase the minimal wage in order to improve the living standard of workers with lower wages. „The net minimum wage has been raised by 44 percent cumulatively since 2017 while productivity growth has been low. The minimum...

Greece made a payment on their MMF loan

Greece has made a payment of 186.3 million euro on their debt to the International Monetary Fund, reports the institution. By doing this Athens avoided a late payment. This is the first time that Greece, from early June onwards, to pay on time their debt to the MMF. Athens has to pay off 22 billion euro to the international...

IMF: Macedonia with higher than average growth in the region

Macedonia will finish the year with growth of around 3.5 percent, which is above the regional average, said representative of IMF mission, Ivanna Vladkova Hollar, today. - The increase this year is above regional average and is projected to be around 3.5 percent and to slightly increase next year. Growth is balanced and reflects increased export, as well as growing...