Former Yugoslav Republic Of Macedonia: Staff Report for the 2006 Article IV Consultation

October 5, 2006

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Former Yugoslav Republic Of Macedonia: Staff Report for the 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

Macedonia showed an economic recovery owing to its macroeconomic policies. Executive Directors appreciated the sound fiscal policies and efforts in bringing inflation under control and increasing international reserves. They stressed the need to reduce unemployment and keep the account deficit under control. Executive Directors stressed that the best way to meet these challenges would be by maintaining the country’s hard-won macroeconomic stability, accelerating structural reforms and prudent and well-coordinated monetary and fiscal policies, and liberalizing the labor market.

Subject: Balance of payments, Credit, Currencies, Current account deficits, Exchange rates, External debt, Foreign exchange, Money, Public debt

Keywords: Authority, Budget surplus, CR, Currencies, Current account deficits, Eastern Europe, Exchange rates, Government introduction, Inflation low, ISCR, Liberalization, Macedonian authorities, Medium-term goal

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/344
Stock No:

1MKDEA2006003
ISBN:

9781451826111
ISSN:

1934-7685

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