Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix
March 8, 2002
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This Selected Issues paper and Statistical Appendix formulates a medium-term fiscal framework for the Former Yugoslav Republic of Macedonia (FYRM) and discusses the tensions that are likely to arise in formulating policy measures. The paper reviews recent fiscal developments and the 2002 budget. It discusses medium-term revenue and expenditure issues, the uncertainties and risks underlying the fiscal framework, and the sensitivity of the fiscal outlook to some of these uncertainties and risks. The paper also compares the size and structural aspects of FYRM’s public finances to those of other countries in the region.
Subject: Banking, Commercial banks, Credit, Expenditure, Financial institutions, Money, Public debt, Revenue administration
Keywords: bank, banking system, Commercial banks, CR, Credit, enterprise, expenditure factor, expenditure issue, expenditure side, expenditure-reducing measure, FDI level, GDP, GDP growth assumption, index lending, ISCR, lending behavior, Non-security expenditure, percentage points of GDP relative
Pages:
74
Volume:
2002
DOI:
Issue:
048
Series:
Country Report No. 2002/048
Stock No:
1MKDEA0022002
ISBN:
9781451826043
ISSN:
1934-7685
