Former Yugoslav Republic of Macedonia: Selected Issues and Statistical Appendix

International Monetary Fund

No 2002/048, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix formulates a medium-term fiscal framework for the Former Yugoslav Republic of Macedonia (FYRM) and discusses the tensions that are likely to arise in formulating policy measures. The paper reviews recent fiscal developments and the 2002 budget. It discusses medium-term revenue and expenditure issues, the uncertainties and risks underlying the fiscal framework, and the sensitivity of the fiscal outlook to some of these uncertainties and risks. The paper also compares the size and structural aspects of FYRM’s public finances to those of other countries in the region.

Keywords: ISCR; CR; GDP; bank; banking system; enterprise; expenditure-reducing measure; expenditure issue; Non-security expenditure; GDP growth assumption; lending behavior; expenditure factor; FDI level; index lending; expenditure side; percentage points of GDP relative; Credit; Commercial banks (search for similar items in EconPapers)
Pages: 74
Date: 2002-03-08
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