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Macedonian economy under supervision of the IMF
Macedonia - Economy
Monday, 26 October 2009 14:12
meeting.jpgThe scanning of the economic situation by the International Monetary Fund ends.
Are the government’s policies undertaken good, what is the trade deficit, are the budget benefits gained in the anticipated volume and dynamics, what’s the next year budget plan?

These are just some of the topics being considered by representatives of the international mentor. In the beginning of the meeting, they urged the government to slow the unproductive spending. The restrictive monetary policy of the National Bank was evaluated as good.
The mission of the IMF in the past two weeks held a meeting with the major banks in the country, almost all state institutions and the private sector.

Managers of many companies, especially foreign investors, were interested about the work of the government, the working environment, protecting their interests and what should be taken to improve the economic situation.
New arrangements with the Fund are not being planned, but the government hopes to correct the projected rate of economic decline by 2.5%. IMF will announce the recommendations and observations on Tuesday.

 

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