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

International Monetary Fund

No 2025/101, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: denar exchange rate; FX Market operations; World Bank Group lending; inflation risk; IBRD-IDA project operation; Inflation; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 89
Date: 2025-05-06
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