Former Yugoslav Republic of Macedonia: Second Review Under the Stand-By Arrangement and Ex Post Assessment of Performance Under Fund-Supported Programs

August 25, 2004

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Former Yugoslav Republic of Macedonia: Second Review Under the Stand-By Arrangement and Ex Post Assessment of Performance Under Fund-Supported Programs, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

The staff report for the Second Review Under the Stand-By Arrangement on the Former Yugoslav Republic (FYR) of Macedonia highlights economic developments and policies. FYR of Macedonia’s economic performance since independence has been marked by notable achievements in macroeconomic management, as well as some disappointments in the area of structural reforms. Inflation was brought down from hyperinflation levels to the low single digits by the de facto exchange rate peg, which was sustained in spite of sometimes challenging circumstances.

Subject: Arrears, Budget planning and preparation, Commercial banks, Economic sectors, External debt, Financial institutions, Macrostructural analysis, Privatization, Structural reforms

Keywords: Arrears, Central and Eastern Europe, Commercial banks, CR, Eastern Europe, Europe, Executive Board discussion, FYR Macedonia authorities, FYRM authorities, GDP estimate, Government, ISCR, Policy, Privatization, Projection result, Structural reforms

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/276
Stock No:

1MKDEA0012004
ISBN:

9781451826029
ISSN:

1934-7685

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