After a disappointing economic year and the gaffe promising that the economy will pick up in the “third half” of 2018, Prime Minister Zoran Zaev made another promise that things are about to brighten up – in 2005.
I expect the growth rate to reach 4 percent in 2019. Our ultimate goal is to grow by 5 percent in 2005, said Zaev in a TV interview, without revealing further details about the Government’s time travel program.
His Government rang in the New Year with a bevy of tax hikes and new regulations hitting businesses. Chambers of commerce all condemned his economic policy and warned that the sharp drop in foreign direct investment seen in his first year and half in office will turn into an investment outflow if something is not changed soon.