24 October 2020
North Macedonia is coping with the deepest recession since 2001, according to the World Bank’s latest Regular Economic Report about the country’s economic prospects. It forecasts a decline of the GDP by 4.1 %. “The COVID-19 pandemic is hitting North Macedonia hard, with lockdowns, disrupted supply chains, and a prolonged, adverse epidemiological situation darkening an […]
16 September 2020
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 […]
2 September 2020
During today’s official meeting with the Prime Minister of North Macedonia and his financial team, the Union of Chambers of Commerce of North Macedonia (UCC) pinpointed the priorities that should be realized during the first month of new government’s mandate for crisis mitigation and economic recovery. During the meeting with Prime Minister Zaev, the UCC […]
16 May 2019
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, […]
25 January 2019
Exactly one year ago, here in Davos, with the Prime Minister of the Republic of Greece, Alexis Tsipras, we first met and opened the doors to our country’s future, Prime Minister Zoran Zaev said after the first day came to an end in Davos. -Here, this year we are opening the doors to the economy for our […]
11 January 2019
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 […]
3 January 2019
The government is considering to increase the guaranteed minimum wage said today Prime Minister Zoran Zaev when he replied to a question about how does the government plan to achieve the promised average wage of 500 euros. “The government plans to make an additional decision regarding the growth of the minimum salary for this year,” […]
1 November 2018
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 […]
14 September 2018
EU’s Commissioner for Enlargement, Johannes Hahn gave an interview for MIA where he stated that if the referendum is unsuccessful, if there is no agreement with Greece, Macedonia will be blocked, there is a risk of isolation that will definitely slow the country’s economic and social development. “We are working towards the country to become […]
7 September 2018
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 […]
13 February 2018
At today’s meeting in Ankara, Prime Minister Zoran Zaev and the President of Turkey, Recep Tayyip Erdoğan, at today’s concluded that the two countries have the potential to promote economic cooperation by increased Turkish investment and through new initiatives by Macedonia. Government informs that Erdoğan has expressed support and encouragement for Turkish businessmen to invest […]
12 February 2018
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, […]
26 January 2018
The Prime Minister Zoran Zaev stated that the participation of the Macedonian delegation at the World Economic Forum in Davos as fruitful and successful informs the government. “Macedonia’s political friends and the potential business investors have sent us a clear message that the reforms are key for the economic prosperity. As the world leaders state, […]
2 January 2018
Prime Minister Zoran Zaev said that 2018 will be the year of economic development and investments. He urged domestic companies to invest because there will be no elections, but this year will be a year of work. Zaev realized his first working meeting of the year with the Minister of Finance Dragan Tevdovski, who informed […]
9 October 2017
The sixth annual “Summit 100” for business leaders from Southeast Europe will be held in Skopje on October 16th and 17th. The event will feature 100 renowned business leaders, five prime ministers of countries in the region – Bosnia, Serbia, Croatia, Slovenia and Montenegro – as well as representatives of the European Commission. The Chairman […]
25 September 2017
In 73% of Macedonian big and medium-sized enterprises, the owners are men and 67% of them are general managers, while women are managing around 33% of the companies and only 27% are owners. These are the results of the research of gender equality on managing positions in Macedonia, that the Institute for communication studies in […]
23 September 2017
VMRO-DPMNE’s party leader, Nikola Gruevski has announced a new era for Macedonia at the party’s Convention that took place at the “Boris Trajkovski” sports hall. During the convention, the mayoral candidates were also promoted. Gruevski also said that this shall be an era of prosperity, progress and fulfilled promises, responsibility, dignity, and unity. “We are […]
5 September 2017
Almost 100 days of lies, incompetence and humiliation have passed, partisation, debacle with the personnel, illegal activity and the demolition of institutions. One hundred days of non-working and cancelled projects, economic downfall, borrowing, reckless and superficial moves. That is what Macedonia and the citizens of Macedonia have suffered for the past 100 days. Today, Zoran […]
29 August 2017
“We are preparing the budget for 2018 and we are making the macroeconomic projections more precise”, said Minister of Finance, Dragan Tevdovski, in an interview with Sitel TV. He added that next year could be expected higher economic growth than this year. He announced that the next year the non-productive costs will be reduced, as […]
10 August 2017
Today, MPs from VMRO-DPMNE will submit to Parliament a vote of no confidence against the work of the Minister of Finance Dragan Tevdovski, stated MP Liljana Kuzmanovska. The main reason for the vote of no confidence is the “completely ineffective budget re-balance for the significant reduction of capital expenditures, the increased and unfounded debt of […]
