FM Tevdovski: 72 projects in 41 municipalities have been implemented from 2017 to 2018


Kindergartens, public facilities, water supply networks, local roads are part of the capital investments realized over the past year through the Municipal Services Improvement Project. The Finance Ministry has said that 72 capital projects in 41 municipalities have been implemented through the project from June 2017 up to June 2018. “Over the past year, thousands …

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Kosovo tariffs: No agreement yet on full revocation


No concrete agreement has been reached for Kosovo to fully lift the increased tariffs after Friday’s meeting in Pristina between Macedonian Economy Minister Kresnik Bekteshi and Kosovo’s Minister of Trade and Industry Bajram Hasani. “Hasani and I have held a lengthy but very constructive meeting, where we were presenting arguments to elaborate our position on …

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Macedonia expects Kosovo to withdraw duty decision


The Macedonian Government is doing everything not to introduce counter-measures for Kosovo but will protect domestic production if the decision over increase of customs duties is not withdrawn, says the Ministry of Agriculture, Forestry and Water Economy. “We expect the government of Kosovo to withdraw the measure, thus closing the dispute,” says the ministry. It …

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Fund for Innovations says procedure of first call on Economic Growth Plan is transparent


The Fund for Innovations and Technology Development said Sunday that the procedure for conducting the first public call for co-financed grants of the third pillar of the Government’s Economic Growth Plan is completely transparent. “We welcome all calls to examine the work of the Fund and we urge all competent authorities to do this without …

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Angjusev urges his companies’ co-owners to withdraw applications for Government funding


Deputy PM for Economic Affairs Koco Angjusev urged co-owners of his companies to reconsider decision and to withdraw applications for funds of Government’s Economic Growth Plan. “Economic Growth Plan is a model based on Government’s economic policy for growth and development of companies which are provided with fair conditions and equal treatment for all. The …

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World Bank: Macedonia makes significant progress in public debt management


Macedonia makes progress in record time in public debt management, World Bank Treasury’s Government Debt and Risk Management (GDRM) Program said in the report. Macedonia in the last year has made progress in record time and the approach to public debt management related to international good practices showed significantly better results compared to other countries. …

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DURA Automotive Systems launches construction of plant in Macedonia


Cornerstone laying ceremony of the new initial investment worth €18 million for the construction of manufacturing site in the Skopje Free Trade Zone 2 of the US company DURA Automotive Systems was held Monday. The company anticipates a summer 2019 launch for the modern 16,000 m2 facility. The new site will employ approximately 500 employees …

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Galloping representation expenses – Directors with the same appetites as ministers


The well-known European and world metropolies are high on the officials’ agenda. As official trips, the first people in public institutions have spent huge amounts of money on “representation” and presentation of their institution, despite the efforts of the new government for economic spending of citizens’ funds. Only two out of a total of nine …

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Angjusev: Macedonia has made huge steps in energy sector reforms in one year


Macedonia has made huge steps in energy sector reforms in one year, Deputy PM for Economic Affairs Koco Angjusev said at the informal meeting of ministers of energy, industry and trade, organised by the Energy Community Secretariat, which was held Saturday in Durnstein, Austria. The meeting, which was also attended by Economy Minister Kresnik Bektesi, was focused on …

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Angjusev: Government to negotiate about the gas pipeline to Greece next year


Deputy PM for Economic Affairs Koco Angjusev said Monday that Hellenic Petroleum initiates and the government will gladly accept to meet and to negotiate about the gas pipeline. Angjusev told reporters at the press briefing in the government that negotiations have not started, but will start and the public will be informed about it. “Hellenic …

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Tevdovski meets Dutch Finance Minister Hoekstra


On the sidelines of the World Bank-IMF Constituency in Croatia, Macedonia’s Finance Minister Dragan Tevdovski had a meeting with his Dutch counterpart Wopke Hoekstra, also attended by World Bank CEO Frank Hemskirk. Tevdovski extended gratitude for the Dutch support of Macedonia’s public finance sector and briefed his colleague about the ongoing implementation of reforms in …

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Angelovska-Bezoska: Macedonia’s payment infrastructure in line with global standards


More than 120 representatives of central banks from about 20 countries take part at the 11. conference on payments and market infrastructure “Time for Digitization”, which takes place in Ohrid on June 6-8. The conference is organized by the National Bank of the Republic of Macedonia (NBRM), in cooperation with the Central Bank of the …

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Angjusev: New investments in Bunardzik zone


Vice Premier for Economic Affairs Koco Angjusev announced Sunday a couple of new investments in Technological-Industrial Development Zone Skopje 1-Bunardzik in the amount of EUR 11 million. “The economic advice committee has given a recommendation to the Government over the endorsement of state support agreements for investments of Zenith International Product from the United Arab …

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Tevdovski: Record EUR 2,4 billion exports in Germany, cooperation enhancing


Macedonia-Germany trade exchange in 2017 amounted to EUR 3,2 billion, of which EUR 2,4 billion exports from Macedonia, a record to date, said Finance Minister Dragan Tevdovski late on Friday. “The positive trend has continued in the first quarter of 2018 with a 16-percent growth in exports, which is an indicator of the Government’s sound policies. …

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Vice governor Angelovska-Bezoska nominated to become new NBRM chief


Anita Angelovska-Bezoska, incumbent vice governor of the National Bank of the Republic of Macedonia (NBRM), has been nominated by President Gjorge Ivanov to be appointed as the new governor of the central bank, stated the President’s cabinet. Ivanov’s nomination comes after he received a written statement by the outgoing governor, Dimitar Bogov, informing the President …

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PM Zaev meets representatives of German Development Bank KfW


Prime Minister Zoran Zaev met Monday with representatives of the German Development Bank KfW Office in Skopje and discussed ongoing projects, which are being realized with the support of the bank in Macedonia and opportunities for future cooperation. The meeting was focused on the ongoing projects which are being implemented by KfW Development Bank in …

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