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Economic growth will return only of the political crisis is solved, says FYROM’s Finance minister

Economic growth will return only of the political crisis is solved, says FYROM’s Finance minister
Skopje, 11 October 2016/Independent Balkan News Agency

By Naser Pajaziti

If the political crisis is solved, economic growth in 2017 will be higher than projections. This was announced by the minister of Finance of FYROM, Cyril Minovski.

“For 2017, the World Bank projected a 3,3% growth for Macedonia. Our projection was more conservative, 3%. But the growth may be higher. One of the factors that will play a role in it is the solution of the political crisis, which is lasting a long time”, Minovski said.

According to Minovski, in spite of the impact of the political crisis, in the second quarter of 2016 there was a 2,3% growth, thanks to exports and other domains of the economy. /balkaneu.com/

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