North Macedonia: Public Finance Review. Ensuring Stability and Boosting Resilience.

Fazekas, M.; Regös, N.; Tóth, B.; Ibrahimi, K.; and Zdravko Veljanov (2024) Improving the Efficiency of Public Procurement. In World Bank (2024) North Macedonia: Public Finance Review. Ensuring Stability and Boosting Resilience. Chapter 6.A. World Bank, Washington, DC.

This report proposes designing such a strategy in light of macroeconomic risks. It analyzes North Macedonia’s major macroeconomic and fiscal weaknesses, risks, and debt sustainability. It discusses tax policy and compliance challenges. Regarding government effectiveness, thereport highlights the need to enhance public …

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