Measuring the Risk of Corruption and Its Price Impact in North Macedonia 2011–2022

Fazekas, Mihály; Abdou, Aly; Ibrahimi, Klea; Tóth, Bence; & Veljanov, Zdravko (2024) Measuring the Risk of Corruption and Its Price Impact in North Macedonia 2011–2022. Policy Research working paper: WPS11007, Washington, D.C.: World Bank.

Public procurement in North Macedonia amounted to 16 percent of total government expenditure in 2018, or 5 percent of gross domestic product. The country’s public procurement is also vulnerable to corruption risks, which typically push prices up, leading to overspending. To support better budget policies, this …

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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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