According to the Deputy PM for Economic Affairs Fatmir Bytyqi, the Government's timely measures, such as the freezing of trade margins in trade, the reduction of the VAT rate from 10% to 5% for basic food products, the subsidization of electricity for food producers, as well as the freezing...
The Government, at the proposal of the Ministry of Economy, at today's session adopted a Decision on amending the Decision on special conditions for the trade of individual goods, which establishes the highest trade (profit) margin for fresh fruit and fresh vegetables, for all trading companies and traders individuals...
Macedonia’s economy continues to recover from last year’s European energy crisis. After strong economic growth in the first half of 2023, IMF staff project the economy to expand by 2.3 percent this year and by 3 percent next year, reads the statement issued following the International Monetary Fund (IMF)...
The Government of N. Macedonia adopted the draft-budget for 2024 at a session Tuesday. It characterized it as a budget capable of supporting development while also ensuring fiscal sustainability. The expenditures are projected at MKD 343.6 billion, or 5.8 percent higher compared to 2023, while revenues are projected at...
The Global Entrepreneurship Week 2023 in the country starts Monday and will last until November 19. The organizer is the Startup Macedonia association, with the support of 50 partners, who, as indicated in the announcement, will share the latest trends and opportunities for the development of innovative businesses in...
Bulgaria is the fifth most important trade partner of Macedonia and its second most important export destination. Bulgarian direct investments in the country amount to a total of 270 million euros, and in 2022, the annual trade between the two countries will exceed one billion euros, it was said...
The effect of foreign investments and the direct benefits for citizens are the most important and this is the main priority we are guided by, said Jovan Despotovski, director of the Directorate for Technological Industrial Development Zones - TIDZ.
“In the last two years, we have had salaries higher than...
One billion euros from the EU to support the Macedonian economy by opening the single market and great regional connectivity is an opportunity that we must not miss, said the deputy president of SDSM, Sanja Lukarevska, at the "Results that make a difference" forum in Strumica on Saturday.
“The European...
In less than two years, new energy capacities have been installed in N. Macedonia with a total installed capacity of 532.2 Megawatts of electricity from natural renewable sources, the Energy Regulatory Commission (ERC) informed on Saturday.
“In ten months, we have new investments in energy that produce solar electricity for...
Economic growth is to stand at 1.9% and inflation rate at 9.5% at the end of the year, National Bank Governor Anita AngelovskaBezhoska said at Thursday's presentation of the quarterly report with the central bank's autumn macroeconomic projections.
The National Bank forecasts growth of 3% and inflation of 3.5% to...