Tag: World Bank
Economy 11.03.19 | 12:01

WB Executive Director Davidse visits Macedonia

The Executive Director of the World Bank Koen Davidse pays an official visit to Macedonia on March 11-12. Minister of Finance Dragan Tevdovski will be his host, and several high-level meetings are planned. “During the visit, Davidse will meet with Prime Minister Zoran Zaev, Deputy Prime Minister...

Economy 12.02.19 | 09:43

World Bank suggests that Macedonia extends the retirement age in order to save its pension system

World Bank calls on Macedonia to increase the retirement age, warning that without reforms the pension system will continue to be unsustainable. According to a WB report, the system is also not fair enough, and a strong policy reform push would stabilize the PIOM fund and make it more fair. The Bank...

Economy 09.01.19 | 17:22

World Bank pours cold water on Zaev’s economic growth hopes

The latest World Bank report on “Global Economic Perspectives” finds that Macedonia will fall far short of the rosy growth expectations pushed forward by Prime Minister Zoran Zaev, who said that we’ll grow by 5 percent, “God willing”. But, according to the WB report, Macedonia...

World 08.01.19 | 09:20

World Bank’s Kim abruptly resigns to join infrastructure firm

World Bank Group President Jim Yong Kim unexpectedly resigned on Monday, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources, Reuters reports. Kim, appointed twice by former U.S. President Barack...