Percorso:ANSA > Nuova Europa > Small and medium enterprises > Macedonia: WB, 1,5pc economic growth in 2017
Macedonia: WB, 1,5pc economic growth in 2017
Fiscal deficit expected to gradually decline to 2.2 pc by 2019
16 November, 15:44
(ANSA) - SKOPJE - Macedonia's priority is fiscal
consolidation with a growing level of revenues and improved
efficiency of revenues and expenditures, the World Bank says
Thursday in its Western Balkans Regular Economic Report, as Mia
press agency reports. Due to the prolonged political crisis,
economic growth in Macedonia is projected to slow to 1.5 percent
in 2017, then pick up to average 3.5% for 2018-2019 as
investment and consumption recover. The main driver of growth
to be private consumption, fueled by rising employment, and
recovering investment, as for the construction of the two
highways. The fiscal deficit is expected to gradually decline to
2.2 percent by 2019. (ANSA).
© Copyright ANSA - All rights reserved
