Tag: tevdovski
Economy 23.09.20 | 14:45

Former Finance Minister Tevdovski leaves Macedonia, takes up a job in D.C.

Former Finance Minister Dragan Tevdovski is leaving the country and has taken up a job in D.C., with the International Monetary Fund, Kurir.mk reports. Tevdovski was in the Zaev Government from 2017 until August 2019, when he was replaced with Nina Angelovska. His signature attempt to raise taxes and...

Economy 01.11.19 | 19:55

After the scrapping of the progressive tax scheme, SDSM’s left wing demands that the party drops the S and the D from its name

The SDSM leftist wing responded to the announcement from newly appointed Finance Minister Nina Angelovska that the Government is suspending its progressive taxation scheme for three years with outrage. Government abandons its progressive taxation scheme in favor of Gruevski’s 10 percent flat tax...

Macedonia 25.06.19 | 23:30

Zaev says he dismissed his Finance Minister so that he can personally take charge of the “bold steps” to come

Zoran Zaev defended his outgoing Finance Minister Dragan Tevdovski, who turned out to be the highest profile victim of his purge. Zaev assumed Tevdovski’s place himself, but insists that the left wing economy professor is not being kicked out because of anything he did. He performed the most important...

Macedonia 24.06.19 | 11:14

Tevdovski’s top adviser claims public contracts worth millions were being rigged

Branimir Jovanovik, a former Colored Revolution activist who was an adviser for Finance Minister Dragan Tevdovski, revealed a shocking allegation as Tevdovski became the highest profile Government minister dismissed in Zaev’s purge. Jovanovik, who resigned his position several months ago, lamented...

Macedonia 23.06.19 | 13:17

Tevdovski out, Zaev names himself Finance Minister

Zoran Zaev today announced the details of his purge of the Government, and the most notable change is that he himself will be assuming the position of Finance Minister, removing Dragan Tevdovski from this post. Other ministers who will be getting replaced include mostly less important departments, such...

Economy 19.06.19 | 15:17

Mickoski warns that the budget revenue shortfall will reach 82 million EUR by the end of the year

VMRO-DPMNE leader Hristijan Mickoski warns Finance Minister Dragan Tevdovski that he’s failing to meet the budget revenue projections by 2.4 percent, endangering the budget. If this trend continues, we are looking at a gap of 82 million EUR. This would be a huge number for any country in the region,...

Macedonia 13.06.19 | 21:48

VMRO leader warns about a 50 million EUR gap in Zaev’s budget

The Zaev Government has a 50 million EUR hole in its budget in the first five months of the year, warned VMRO-DPMNE leader Hristijan Mickoski during a TV interview on Thursday. I’m amazed about the ease with which Finance Minister Dragan Tevdovski claims that the budget has solid inflows. Our information...

Macedonia 11.06.19 | 18:21

Sekerinska denies report that she is trying to oust Angusev and Tevdovski from the Government

Defense Minister Radmila Sekerinska, who is considered as the leader of the Skopje wing of the SDSM party, denied media reports that this factions has demanded the removal of either Deputy Prime Minister Koco Angusev or Finance Minister Dragan Tevdovski as different factions position themselves ahead...

Macedonia 09.06.19 | 21:19

TV21: SDSM Skopje branch wants to have Angusev and/or Tevdovski removed from the Government

TV21 reports that the Skopje branch of the ruling SDSM party wants to have at least one of the chief two economic Government members – Deputy Prime Minister Koco Angusev or Finance Minister Dragan Tevdovski, to resign. Calls to replace the economic ministers have also come from the Albanian DUI...

Economy 27.05.19 | 12:17

Finance Ministry calls on citizens to apply for subsidized mortgage loans

The Finance Ministry called on citizens to apply for subsidized mortgages, under a program which should bring interest rates below 2.9 percent. Finance Minister Dragan Tevdovski said that the reduced rates will apply in the first three years and afterwards higher rates will kick in, up to 3.9 percent. These...

Economy 03.04.19 | 15:34

We achieved serious results, Tevdovski says after public debt goes down from 48.8 to 48.7 percent of GDP

Finance Minister Dragan Tevdovski today announced that under his administration Macedonia has significantly reduced its public debt – from 48.8 percent of GDP down to 48.7 percent of GDP. We achieved serious results. If the public debt levels grew from 23 to 48.8 percent of GDP from 2008 to 2016,...

Economy 04.01.19 | 00:06

Zaev: The reintroduction of progressive taxation is mostly a symbolic measure

Prime Minister Zoran Zaev tried to reassure the business community over the latest tax hikes, saying that the reintroduction of progressive taxation, after a decade of economic growth under a low and flat tax regime, is mostly a symbolic measure. In a press conference alongside Finance Minister Dragan...