Opposition warns state debt to reach 60%

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SDSM Deputy Prime Minister for Economic Affairs Mila Carovska finally
remembered to discuss economy during this pre-election period, after the whole
period of several months of coronacrisis disappeared and allowed Macedonia to
collapse economically, VMRO-DPMNE reacted in a statement.
The opposition party notes that gross domestic product (GDP) growth in the first
quarter of this year was only 0.2%, which is a record low in the region and in
conditions that have not yet maintained the economic crisis caused by the
coronavirus pandemic. According to VMRO-DPMNE, this most clearly indicates the
economic policies pursued by Deputy Prime Minister Carovska and Minister of
Finance Nina Angelovska.
"Only in April, 30,000 workers did not receive their salaries, and over 15,000 lost
their jobs due to the delayed and confusing measures taken by Carovska. The
average salary has dropped by as much as 5%," the party's response reads.
It is also pointed out that the public in just five months has grown to 53.3% of GDP,
not counting the Eurobond of 700 million euros. By the end of the year, that
percentage is projected to rise above 60, meaning the SDSM government will
generate more than 1.5 billion euros in new debt.
The number of employees in the industry has decreased by 5%, and the export
realized by Macedonia is catastrophically bad, added VMRO-DPMNE.

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