Republic of North Macedonia
Auteur: International Monetary, International Monetary Fund. European Dept.
Nombre de pages: 60 pages
ISBN: 9798400226342
Edition: International Monetary Fund
Date de publication: International Monetary Fund
Description: North Macedonia's economy has been hit by two large external shocks. While recovering from the pandemic, the outlook deteriorated again following Russia's invasion of Ukraine and sharply rising energy and food prices. Given high dependence on energy imports, the external financing need has increased, while at the same time, global financial conditions have tightened, increasing the cost of market financing.