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Tags Deficit

Tag: deficit

When Did Russia Return among the Top Ten Economies in the World – If at All?

In the first part of June, some of the Macedonian language media reported that Russia returned on the list of the Top 10 economies for the first time after 2014. Rarely did the news reported on the portals specify their sources. However, after fact-checking the data, Truthmeter derived the conclusion that the Macedonian public – by taking over the...

Instead of declining, problem with lack of parking spaces in Skopje is growing

The lack of parking spaces in Skopje is becoming a chronic problem. The number of cars on the streets of the capital of North Macedonia is on the rise from year to year and this trend is not leading to opening new parking locations for these vehicles. The statistical data shows that the city's authorities aren't able to open...

Bogov: Macedonian economy is prepared for possible major world financial shocks

The Governor of the National Bank Dimitar Bogov expects a reduction in the budget deficit, stabilization of both, the public debt and the economy during the next period, ready for possible turbulence in the world markets. “By using the favorable conditions for issuing the Eurobond, funds were provided for the middle of the next year, thus avoiding a period of...

Government Approves The Draft Budget For 2017

The Government at yesterday's session approved the draft budget for 2017 and later today, it is expected to be submitted to Parliament. The Minister of Finance Kiril Minoski explained that the budget for 2017 has been prepared on the basis of a projection for economic growth of 3% next year. “Total revenue of the consolidated budget for 2017 has been planned...