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Tags Projections

Tag: projections

World Bank projections contradict Governments wishes that 2019 will be an economic year

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 to show that last year's...

Bogov: If the crisis lasts, investments and consumption will suffer

Governor of the National Bank of the Republic of Macedonia Dimitar Bogov stated that if the political crisis lasts, it will have a negative effect on macroeconomic projections, which would decrease, especially in the part of investment and private consumption. - Investors refrain from investing in uncertain environment. They require stability, predictability and reliability. Also, in an uncertain environment, the...