{
  "title": "Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix",
  "publication": "IMF Staff Country Reports, March 8, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/former-yugoslav-republic-of-macedonia-selected-issues-and-statistical-appendix-15707",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Overview and objectives",
      "content": "- Formulates a medium-term fiscal framework for the Former Yugoslav Republic of Macedonia (FYRM).\n- Discusses tensions likely to arise in formulating policy measures.\n- Reviews recent fiscal developments and the 2002 budget.\n- Compares the size and structural aspects of FYRM’s public finances to those of other countries in the region."
    },
    {
      "heading": "Fiscal framework and medium-term issues",
      "content": "- Medium-term revenue issues are analyzed, including structural considerations for revenue administration.\n- Medium-term expenditure issues are examined, with attention to expenditure composition and pressures.\n- The paper highlights trade-offs and policy tensions inevitable when implementing the fiscal framework."
    },
    {
      "heading": "Uncertainties, risks, and sensitivity analysis",
      "content": "- Identifies uncertainties and risks underlying the fiscal framework.\n- Presents sensitivity of the fiscal outlook to selected uncertainties and risks."
    },
    {
      "heading": "Comparative analysis",
      "content": "- Compares size and structural aspects of FYRM’s public finances with those of other countries in the region."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects: Banking, Commercial banks, Credit, Expenditure, Financial institutions, Money, Public debt, Revenue administration\n- 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\n\nInternational Monetary Fund. \"Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix\", IMF Staff Country Reports 2002, 048 (2002), March 8, 2002.\n\n---\n\n Content in this bundle\n\n- Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix - ISCR/02/48\n  - Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix - ISCR/02/48 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix - ISCR/02/48 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 8, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451826043.002",
    "Formulates a medium-term fiscal framework for the Former Yugoslav Republic of Macedonia (FYRM).",
    "Discusses tensions likely to arise in formulating policy measures.",
    "Reviews recent fiscal developments and the 2002 budget.",
    "Compares the size and structural aspects of FYRM’s public finances to those of other countries in the region.",
    "Medium-term revenue issues are analyzed, including structural considerations for revenue administration.",
    "Medium-term expenditure issues are examined, with attention to expenditure composition and pressures.",
    "The paper highlights trade-offs and policy tensions inevitable when implementing the fiscal framework.",
    "Identifies uncertainties and risks underlying the fiscal framework.",
    "Presents sensitivity of the fiscal outlook to selected uncertainties and risks.",
    "Compares size and structural aspects of FYRM’s public finances with those of other countries in the region.",
    "Subjects: 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",
    "**Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix - ISCR/02/48**"
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