IMF assesses that the country has a high budget deficit and high public debt

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The Macedonian economy will grow by 2.7% this year, by 3.7% next year, and by 3.5% in 2026, the International Monetary Fund (IMF) predicted in the latest economic report.

As stated in the report, inflation this year will be 4%, and in the next two years it will decrease to 2.5% in 2025 and 2% in 2026.

The IMF estimates that the country will have the lowest growth in the region, and that we have a high budget deficit and high public debt. According to the IMF, the deficit in the state treasury has exceeded 5%, while the obligations to build highways and the increased salaries of administrators create additional pressure on the budget.

According to the IMF forecast, the world economy will continue to grow by 3.2% during 2024 and 2025.

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