Republic of North Macedonia: Request for an Arrangement under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Republic of North Macedonia
November 29, 2022
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North Macedonia's economy has been hit by two large external shocks. While recovering from the pandemic, the outlook deteriorated again following Russia's invasion of Ukraine and sharply rising energy and food prices. Given high dependence on energy imports, the external financing need has increased, while at the same time, global financial conditions have tightened, increasing the cost of market financing.
Subject: Energy prices, External debt, Inflation, International organization, Monetary policy, Prices, Public debt, Tariffs, Taxes
Keywords: A. Policy commitment, authorities of the Republic, authorities' action, Energy prices, EU accession negotiations, Global, government financing, Inflation, policy implementation, Tariffs
Pages:
61
Volume:
2022
DOI:
Issue:
354
Series:
Country Report No. 2022/354
Stock No:
1MKDEA2022005
ISBN:
9798400226342
ISSN:
1934-7685
