Two key parameters for the growth of the economy are the industrial production and the processing industry, and they are in a deep negative in the fourth quarter. The industrial sector recorded a decline of 1.3% in December, 3.7% in November, and 5.3% in October. In the manufacturing industry,...
The Agency for Electronic Communications (AEK) today granted "Macedonski Telecom" and "A1 Macedonia" approvals for the fifth mobile generation 5G, making N. Macedonia the first country in the Western Balkans to introduce a real 5G network.
Currently, as the director of AEK, JetonAqiku, said, "Macedonian Telekom" has already covered the...
North Macedonia should build as many power plants from renewable energy sources (RES) as possible, but they should be different sources, instead of just photovoltaic, said TodorAngjushev, president of the RES Group at the Macedonian Energy Association (MEA) of the Economic Chamber of N. Macedonia.
At the conference "Economic Challenges...
With household operations AD ESM is liquid and during this week or at the beginning of the next the company will return certain funds received from the Government in the Budget, announced the Macedonian Minister of Economy Kreshnik Bekteshi, which will mean that there will be additional funds to...
Government debt is rapidly growing. The credit agency Standard & Poor's states in its report that the government debt will continue to grow in 2024 and will reach 58%, contrary to the projections of the Ministry of Finance, which says that the debt will be reduced.
This means that the...
The state plans to borrow about 500 million euros in 2022 to cover the planned deficit in the Budget for 2022. According to Finance Minister Fatmir Besimi, that money will be spent mainly on capital investments. Public debt will reach 65.9% of GDP next year. Minister Besimi expects the...
A delegation of the Economic Chamber of North Macedonia (ECM) led by chairperson Branko Azeski held a working meeting with the Parliament Speaker the Republic of North Macedonia, Talat Xhaferi, in accordance with the alarm of companies that have serious objections to the blocking of legal solutions in Parliament,...
Inflation in Macedonia has been higher than expected for a long time, the International Monetary Fund (IMF) Mission announced a few days ago, and the National Bank wrote in a statement that the IMF recommended that it closely monitor the situation and, if necessary, intervene in a timely manner....
The salaries in the 2023 Budget are defined according to the possibilities, the increases in the sectors made this year are calculated, and there will be no reduction in any of the workers' rights, says the Macedonian Minister of Finance Fatmir Besimi.
“If the average wage next year gives an...