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

Preview Citation

Format: Chicago

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, (USA: International Monetary Fund, 2022) accessed December 20, 2024

Summary

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' action, Authorities of the Republic, Energy prices, EU accession negotiations, Global, Government financing, Inflation, Policy implementation, Tariffs

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/354
Stock No:

1MKDEA2022005
ISBN:

9798400226342
ISSN:

1934-7685

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