Tag: spending
Macedonia Economy 08.06.21 | 23:43

Government asks Parliament to allow the 2021 deficit to spike to 757 million EUR, or 6.5 percent of GDP

The Government today adopted a proposed rebalancing of the 2021 budget, which increases the deficit projection to 6.5 percent of GDP, with 334 million EUR in additional spending – only half of that offset by new revenue projections. Spending is projected to grow by 21 billion denars, or 344 million...
Macedonia 04.09.20 | 13:12

Ministry increases defense spending – by buying waffles and cookies

During the peak of the coronavirus caused economic crisis, the Defense Ministry is soliciting offers for companies to supply it with cookies, waffles and candies. The contract is worth 57,000 EUR and was first offered last week. As a new NATO member state, Macedonia is asked to increase defense spending,...
Economy 29.04.20 | 20:09

Slaveski: The Government was spending like there’s no tomorrow

The Government was spending like there was no tomorrow, adding 120 million EUR in new debt in the election year, said VMRO-DPMNE official and former Finance Minister Trajko Slaveski during his press conference today. He pointed to the extraordinarily high levels of spending in the first three months...
Economy 29.04.20 | 13:43

Where did 120 million euros from the budget go: SDSM robbed the state treasury

Where did 120 million euros from the country’s budget deficit go and what were they spent on? This question is of interest to the citizens, who have not seen any benefit from that money. On the contrary, they are getting poorer and barely making ends meet, while SDSM officials are living their...
Macedonia 31.03.20 | 12:38

As the newest NATO member state, it’s doubtful Macedonia can meet its spending requirement this year

Faced with an unprecedented financial crisis due to the coronavirus epidemic, Macedonia is looking to make cuts that have never before been considered. Zoran Zaev, leader of the ruling SDSM party, is proposing placing the public administration to the minimum wage for two months in order to plug a hole...
Macedonia 25.03.20 | 22:10

In an exceptionally strongly worded statement, Nikola Dimitrov denies reports of high travel expenditures during the epidemic

Macedonian Foreign Affairs Minister Nikola Dimitrov denied the reports that his department has spent about 25.000 EUR for travel in just a few days, at the peak of the coronavirus epidemic, and additional 17.000 EUR for an item often used for official lunches and other “representation”. MoFA...

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