North Macedonia’s public debt reached 59.7% of its gross domestic product (GDP) at the end of March, according to the latest data released by the country’s Ministry of Finance. This figure reflects the government’s ongoing fiscal management amid economic challenges and efforts to balance public spending with growth priorities. The development offers insight into the country’s financial position as it navigates regional economic uncertainties and works toward meeting its European Union accession goals.
North Macedonia’s Public Debt Reaches 59.7 Percent of GDP by March End
According to recent data released by the Ministry of Finance, North Macedonia’s total public debt climbed to 59.7 percent of GDP by the end of March 2024. This marks a gradual increase compared to the previous quarter, reflecting ongoing fiscal pressures amid efforts to balance economic recovery and inflation containment. Analysts have highlighted that while the debt level remains manageable,…
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Author : Olivia Williams
Publish date : 2026-05-16 09:06:00
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