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Tags Economic growth

Tag: economic growth

NMacedonia: New optimistic fiscal strategy with forecast growth of 5.4% and unemployment of 8.6%

The new Fiscal Strategy for the period 2022-2024, with projections until 2026, is carrying strongly optimistic forecast about the development of the economy of North Macedonia. The economic growth rates are planned to above 5% and the unemployment rate at only 8.6%. Also, the average salary is planned to grow with an average rate of around 4%, the gross...

North Macedonia’s Finance Minister: Projected growth this year 4.1 %, but only if the COVID-19 crisis subdues

This year, the budgetary policy and the policies directed towards economic recovery and rapid growth will be redesigned - SmartER Growth Policies and returning to the pre-crisis trajectory, with a growth in the second half of 2022. The main goal is to accelerate the economic growth by 2.6% as it was by average annually in the previous 10 years,...

The National Bank expects less negative effects on the economy caused by COVID-19 during the third quarter

During the regular session of the Committee for operative monetary policy at the National Bank, it was decided that the interest rate of the treasury bill will remain at the level of 1,5%. "The decrease of the discount interest rate to the current level, including the previous significant decrease of the offered amount of treasury bills, has contributed to an...

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...

Peshevski: Hahn had no precise information on the economic growth

EU Commissioner Johannes Hahn may not the most precise data at this point at his disposal, said Deputy Prime Minister for Economic Affairs Vladimir Peshevski, when asked about how he interprets the assessment of EU Commissioner Johannes Hahn, who in an interview said that economic growth in Macedonia is currently zero percent out of the expected four percent, reports...