Tag: world bank

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 already dim economic outlook in...

“Moderately unsatisfactory” is the grade that the World Bank gave for the progress of the implementation of the project for the construction of the Rankovce - Kriva Palanka Expressway, on Corridor 8. The World Bank, which sources the money for the project, emphasizes that the construction of the 23 kilometres long road is underway, but the progress of the works...

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...

Tomorrow in Skopje, high representatives from the International Monetary Fund (IMF), the European Central Bank (ECB) and the World Bank will discuss the current situation of the global economy, and in which direction it is going. The International High Level Conference regarding Monetary Policy and Financial Management is organized by the National Bank, and the theme is "Global Economic Expansion,...

The World Bank predicts that Macedonia will have an increase in its economic growth of 2.8%, which is the lowest in the region, according to the regular economic report for the Western Balkans. The increase, as stated in the report, is significantly slow due to the decrease in investments, which were affected by the political crisis. The increase was largely...

“Most of the Governments priorities in the economy are fully aligned with the priorities of the World Bank. We are thinking about projects where the main focus will be the development of the private sector, linking domestic companies with the free economic zones, projects in the areas of road construction, and strengthening our efficiency in energy , "said Minister...

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...

Because of the political crisis, international financial institutions will stop lending money to Macedonia reports "Prizma". Diplomatic sources in Skopje say that the World Bank has halted the second phase of the program for the improvement of municipal services in Macedonia which was supposed to provide loans to 57 municipalities for investments in infrastructure, such as water supply, sanitation, solid...