Economy
104 articles
Economy
Mickoski Expects Diesel and Petrol Prices to Drop Next Week
The prime minister assures the country has enough fuel reserves until New Year's and that talks are underway with OKTA for an additional discount, at …
Economy
'We're Energy Stable and Ready for Winter,' Says Mickoski — Meanwhile ESM Spends €8 Million in One Week
The prime minister assures that the state energy companies are ready for the coming winter and that the global energy crisis won't affect production, …
Economy
5 Billion Denars From Excise: A Second Budget Rebalance This Year Because of Cheaper Fuel
Mickoski confirmed 'the effect from the excise is around five billion denars,' and with the reduced VAT the total hole reaches 6-7 billion denars — th…
Economy
IMF Versus the Government Budget: 3.8% Growth and 2.5% Inflation — How Well Do the Numbers Hold Up
The 2026 budget was adopted with projections of 3.8% growth and 2.5% inflation, but repeated IMF revisions — raising inflation and lowering growth — p…
Economy
Corridor 8 and the 'BB-' Rating: A Real Investment or Just a Line in a Report
S&P confirmed Macedonia's speculative-grade credit rating with a stable outlook, while a concrete €499.2 million financing package for the eastern sec…
Economy
Nine Days to the Deadline: Will Fuel VAT Return to 18% After October 12
The reduced 10% VAT rate on fuel, extended rather than scrapped as earlier reported, expires on October 12 — and the government has not yet said wheth…
Economy
Crude Flows Recover Toward Pre-War Levels, Fuel at the Pump Doesn't — Why the Market Drop Isn't Reaching Drivers
Brent crude fell below $71 a barrel, returning to pre-war levels with Iran, as flow through the Strait of Hormuz normalizes — but pump prices aren't f…
Economy
Corridor 8 and the €149.2 Million Grant: What's Signed Versus What's Announced
After 30 years of waiting, €149.2 million in grants and €350 million in loans have been confirmed for Corridor 8's eastern leg — the financial package…
Economy
Chebren as a State Project: From Slogan to the Electricity Bill
Behind the announcements that the state will build Chebren and Galiste alone lies a concrete bill — roughly €150 million a year from the budget over s…
Economy
The State as Chebren's Investor: €1.5 Billion in Courage or Fiscal Risk
After 14 failed tenders since 2006, the government is considering building the Chebren and Galiste hydropower plants entirely on its own — a roughly €…
Economy
Two Inflations, One Pension: Which Number Do Households Actually Feel
September pensions rise by 3%, but individually for each pensioner based on their current amount — not linearly, as some retirees had expected and req…
Economy
Diesel Down, Petrol Up: Who Actually Pays for the Fuel Excise Bill
While the reduced 10% VAT rate on fuel stays in force through October 12, diesel and petrol prices aren't moving in sync — and the difference lands di…
Economy
$5 Million Deal: US DFC and Pela Global to Fund Critical Minerals Exploration in North Macedonia
A $5 million agreement between the US International Development Finance Corporation and Pela Global was signed in Washington to fund critical minerals…
Economy
Diesel Drops 4.5 Denars From Midnight — North Macedonia Among the Region's Cheapest Fuel Markets
The energy regulator announced new fuel prices — diesel down, gasoline slightly up — against the backdrop of the extended 10% reduced VAT rate on fuel…
Economy
741,446 Tourists in Seven Months — Is Tourism Finally Becoming a Stable Pillar of the Economy?
Most visitors came from Turkey, Germany and Serbia, according to data released to mark World Tourism Day.…
Economy
Fuel VAT Reverts to 18% at Midnight — How Much More Will North Macedonians Pay at the Pump
The temporary 10% rate applied from September 15 to 28; the government has not yet announced whether it will be extended.…
Economy
GDP Grows 4.3%, but the Average Salary Covers Only 70% of the Basic Basket — What Did Citizens Actually Gain?
Real wage growth is just 2.9%, and informal employment is rising faster than formal jobs — growth still barely reaches people's pockets.…
Economy
New Agricultural Markets Law in North Macedonia to Require Written Contracts, Digital Registry for Farmers
Agriculture Minister Serafimovski says the new system will flag risks early and reduce the uncertainty farmers face when selling their produce.…
Economy
GDP Grows 4.3 Percent — But the Average Salary Covers Only 70 Percent of the Basket
Inflation is falling toward 2.6%, but informal employment is up 7.2%. Pensions rise separately, by 3 to 3.5%, under a different formula.…
Economy
€4.76 Billion in Debt — But Not the State's. The Two Figures That Shouldn't Be Conflated
Net external debt (private + state) and the actual state debt of €9.43 billion measure different things.…
