Macedonias finance ministry forecast a GDP growth of 3.5% in 2011, 4.5% in 2012 and 5.5% in 2013, the ministrys EU pre-accession programme said. The annual inflation is projected to range from 2% to 3% through 2013. The government will contain prices through a sound monetary policy and a stable exchange rate, the Macedonian Radio and Television quoted deputy PM Zoran Stavreski as saying. The unemployment rate is expected to decline to 27.6% over the next three years. Regarding foreign trade, exports are seen to grow by 7.2%-8.4% and imports - by 6%-7.8% annually in the period 2011-2013. The foreign debt will not exceed 25% of GDP. |
Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more