Republic of North Macedonia: 2025 Article IV Consultation-Press Release; and Staff Report

Republic of North Macedonia: 2025 Article IV Consultation-Press Release; and Staff Report
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Volume/Issue: Volume 2025 Issue 101
Publication date: May 2025
ISBN: 9798229008242
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Inflation , Labor , Public Finance , Structural reforms , Financial sector stability , Budget planning and preparation , Inflation , Pensions , Pension spending

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Summary

As the economy recovers from the energy crisis, growth is gaining momentum, but inflation is rising again. A weak European outlook is dampening exports and private investment. Meanwhile, buffers are being eroded as public debt continues to rise with increases in wages and pensions. Emigration poses a significant challenge to the medium-term economic outlook, while slow progress on structural reforms continues to hinder convergence with EU income levels.

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