Former Yugoslav Republic of Macedonia: 2015 Article IV Consultation - Press Release; Staff Report; and Statement by the Executive Director for Former Yugoslav Republic of Macedonia
Electronic Access:
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Summary:
This 2015 Article IV Consultation highlights that the economic recovery of Former Yugoslav Republic of Macedonia has strengthened. Real GDP growth accelerated to 3.8 percent in 2014, from 2.7 percent in 2013. Strong growth was attributed to double-digit growth in investment driven by activities in the Technological Industrial Development Zones and public infrastructure, as well as strong private consumption supported by robust credit growth and improving labor market conditions. GDP growth in 2015 is expected to moderate to 3.2 percent, with significant downside risks. A derailment of recent political agreement could negatively impact economic sentiment and growth.
Series:
Country Report No. 2015/242
Subject:
Banking Credit Economic and financial statistics Exports Government finance statistics International trade Money Public debt Revenue administration
English
Publication Date:
September 3, 2015
ISBN/ISSN:
9781513544663/1934-7685
Stock No:
1MKDEA2015002
Pages:
66
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