Finance Think: Downward growth forecast revision to 0.8 Percent in Macedonia


Finance Think is pursuing a further downward revision of the GDP growth projection for 2017 to 0.8%, reflecting the risk highlighted in the previous Macro-Monitor – the speed at which the new government is returning to the track of structural reforms…..

This significant downward revision reflects the higher decline than expected in Q2-2017, as well as the delays in the realization of capital investments, the further hesitation of potential foreign investors and the absence of an ambitious and structured economic goal and program at the time of publication this publication.