Former Yugoslav Republic of Macedonia: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the former Yugoslav Republic of Macedonia

February 18, 2009

Preview Citation

Format: Chicago

Former Yugoslav Republic of Macedonia: 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the former Yugoslav Republic of Macedonia, (USA: International Monetary Fund, 2009) accessed September 19, 2024

Summary

The staff report for the 2008 Article IV Consultation of the Former Yugoslav Republic of Macedonia discusses economic developments and policies. The new government’s economic program aims to raise growth further, but does not address these vulnerabilities. Plans to increase the central government deficit permanently to about 2 percent of GDP or perhaps even higher risk worsening external vulnerabilities. The main risk to growth and macroeconomic stability is the widening current account deficit.

Subject: Balance of payments, Credit, Currencies, Current account, Current account deficits, External debt, Money

Keywords: Annex, CR, Credit, Currencies, Current account, Current account deficits, Customs administration reform, Electricity sector reform, FYR Macedonia, Global, Government, Inflation rate, Information, Information annex, ISCR, Security reform

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/060
Stock No:

1MKDEA2009001
ISBN:

9781451826159
ISSN:

1934-7685

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