Tag: public debt
Economy 04.06.21 | 11:12

Public debt to jump to 66% of GDP and will not drop below 60% until at least 2026

The country’s public debt will grow, and stabilization, or a drop below the psychological limit of 60 percent of GDP, is not expected until 2026, analyzes the economic news portal “Denar”. The debt will reach 63.9 percent of GDP this year. The record will be broken in 2022 when it is...

Economy 14.05.21 | 10:18

VMRO-DPMNE: During Zaev’s rule, the debt increased by 2.4 billion euros, and in 11 years earlier the debt increased by only 2.8 billion euros

Macedonia is sinking economically with Zaev’s government, among other things, VMRO-DPMNE said in a press release on Friday. Apart from the fact that more than 6,200 businesses closed in one year and almost 60,000 people were left without a job, due to their incompetence, crimes and irresponsible...

Macedonia Economy 07.12.20 | 17:56

Public debt expected to rise over 60 percent in 2021

Macedonia’s public debt is expected to surpass 60 percent in 2021. The debt level ends 2020 just south of 60 percent, and Central Bank Governor Anita Angelovska Bezoska today annouced that she expects it to grow by one or two percent next year. The deficit for 2020 is estimated to reach 8.5 percent...

Economy 05.08.20 | 10:27

VMRO-DPMNE: Every family in Macedonia is indebted for 2000 euros, and the situation will only get worse

The government of Zoran Zaev increased public debt, which rose to over 1 billion euros in just three months. From 5.5 billion euros at the end of the first quarter to an incredible 6.5 billion euros including the second quarter in 2020. There are no capital projects, nor has anyone seen that money, and...

Economy 03.08.20 | 10:09

In just three months, the SDSM-led government increased the public debt by one billion euros

The government increased the public debt by 1 billion euros in the second quarter. According to the data from the Ministry of Finance, as of the end the second quarter, the public debt stands at 59.5 percent while general government debt is 50.7 percent. The general government debt stands at 50.7...

Economy 03.07.20 | 10:17

Macedonian public debt grows to 53,3 percent of GDP

Macedonia’s public debt reached 53,3 percent of GDP in May. It grew by 2,6 percent in just two months, largely driven by the 700 million EUR loan meant to cover public spending because of the reduction in revenue caused by the coronavirus epidemic. Tax revenue is down 9 percent in the first six...

News 31.05.19 | 10:06

VMRO-DPMNE: Public debt exceeds 5 billion euros

The criminal government of SDSM and Zoran Zaev proved to be the most incompetent in the history of the Republic of Macedonia. The work of the government is marked only by failures, falls and a devastated economy, VMRO-DPMNE said in a statement. The disastrous realization of capital investment continues...