European Parliament Library

Former Yugoslav Republic of Macedonia :, Staff Report for the 2001 Article IV Consultation

Abstract
This 2001 Article IV Consultation highlights that after three consecutive years of generally favorable performance, the economy of the Former Yugoslav Republic of Macedonia (FYRM) suffered a setback in 2001 because of a six-month security crisis. Output declined markedly and new outlays on security operations and weak revenues contributed to a large expansionary fiscal swing. Owing to a deterioration of the external current account position, the foreign exchange loss was heavy. However, the impact on reserves was cushioned by sizable privatization inflows in early 2001
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (54 pages)
Form Of Item
online
Isbn
9781280979392

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