The Economic Commission of the Democratic Party of Albanians (DPA), led by Bardul Dauti at a news conference, outlined proposals to improve monetary policy in the country and improve sectors affected by the coronavirus situation. He stressed that fiscal policy under difficult conditions for private sector liquidity has no potential...
Despite the state of emergency in the country, activities in the agriculture sector resume. Producers are serviced, subsidies are paid regularly and we are working on solutions for problems such as lamb export, said Minister of Agriculture, Forestry and Water Economy Trajan Dimkovski. Minister Dimkovski told a press conference there...
Nebi Hoxha of the Economic Chamber of Northwest Macedonia in a televised appearance besides former Prime Minister Zoran Zaev, read surveys by members of this chamber, in which members responded that the government's economic measures led by his SDSM do not meet their needs to get out of the...
Former Minister of Finance and University professor Trajko Slaveski said the country needs an urgent budget rebalance to cut all non-essential spending. With the rebalance, the funds should be allocated primarily for health protection of the citizens and support for those who will be left without work and income, claims...
Ministry of Economy is to submit Wednesday proposals on establishment of Tourism Support Fund and ban on flour export to the Government as part of set of measures to mitigate coronavirus impact. Economy Minister Kreshnik Bekteshi told news conference of the government’s economic team that the situation with imports and...
The macroeconomic situation is stable, the level of foreign reserves is adequate, the banking system is sound, said National Bank Governor Anita Angelovska Bezoska, adding that source of concern are the risks to the real sector and hence the central bank is taking the necessary measures. “The latest macroeconomic data...
Coronavirus will not jeopardize the export of Macedonian lamb to Italy if conditions are provided for proper placement. As the president of the Association of Farmers, Eftim Saklev, told MIA, in such an unusual situation, it is important to act quickly, the authorities to say in a timely manner how...
A four-member family in February needed 32,915 denars to meet their minimum basic monthly needs. According to the data released by the Federation of Trade Unions on the value of the minimum union basket, most of the money goes to food and drinks per month, i.e. a family needs 13,765...
The transport sector is seeking support and assistance for the losses it has suffered following the coronavirus outbreak. The losses are yet to be analyzed. - Support and assistance to the sector facing service failure, failure to fulfill contracts, reduced passenger numbers, restrictions on the movement of goods, involuntary absence...
National Bank Governor Anita Angelovska-Bezoska estimates that the banking system in North Macedonia is resistant to potential shocks, including the possible impacts on the economy due to global COVID-19 spread. “The balance sheets of the banking system point to sound fundamentals. During 2008 global financial crisis, the capital adequacy of our banks was...