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Just as the economy in North Macedonia started to recover from a pandemic-induced recession, and after a 4-percent growth in 2021, the energy crisis and the war in Ukraine cut the recovery short and amplified inflationary pressures in 2022. Policy efforts need to be geared towards restoring fiscal and financial sustainability while building social and climate resilience that will reduce the country’s vulnerability to shocks and revamp its long-term growth prospects.

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The World Bank

Public Expenditure Policy Based Guarantee Program

The project helps improve the efficiency of public expenditures by strengthening public financial management, efficiency of health services and social protection.

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Open Data On selection, change the data Economic Outlook for the Western Balkans

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The World Bank
Massimiliano Paolucci

Country Manager for Kosovo and North Macedonia

The World Bank
Bojana Naceva

Senior Education Specialist, North Macedonia

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Skopje
Tel: +389 2 55 15 230
+389 2 3117 159