IMF Staff Country Reports

Republic of North Macedonia: 2025 Article IV Consultation-Press Release; and Staff Report

May 6, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. European Dept. "Republic of North Macedonia: 2025 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2025, 101 (2025), accessed May 22, 2025, https://doi.org/10.5089/9798229008242.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

As the economy recovers from the energy crisis, growth is gaining momentum, but inflation is rising again. A weak European outlook is dampening exports and private investment. Meanwhile, buffers are being eroded as public debt continues to rise with increases in wages and pensions. Emigration poses a significant challenge to the medium-term economic outlook, while slow progress on structural reforms continues to hinder convergence with EU income levels.

Subject: Budget planning and preparation, Inflation, Prices, Public debt, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, Denar exchange rate, FX Market operations, Global, IBRD-IDA project operation, Inflation, Inflation risk, World Bank Group lending

Publication Details

You May Also Be Interested In...

Republic of Kosovo: Fourth Reviews Under the Stand-By Arrangement and the Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Republic of Kosovo

May 21, 2025

People’s Republic of China: Advancing Risk Management for Large Taxpayers

May 20, 2025

West African Economic and Monetary Union: Staff Report on Common Policies for Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the West African Economic and Monetary Union

May 19, 2025

West African Economic and Monetary Union: Selected Issues

May 19, 2025