Balkans | The World Bank cuts its growth forecast for the Macedonian economy n

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Balkans |  The World Bank cuts its growth forecast for the Macedonian economy n

The World Bank predicted that the North Macedonian economy will grow by 2.4% this year.

In its latest report on global economic perspectives, the World Bank expects Macedonia’s economy to grow 2.4% this year, 0.7 percentage points lower than forecasts published in June last year.

The government’s forecast for the country’s economic growth for this year is 2.9%.

The World Bank also made a downward revision in the Macedonian GDP forecast for 2024, which is expected to be 2.7%, i.e. a downward correction of 0.5%.

World Bank analysis shows that North Macedonia closes 2022 with a growth of 2.1%.

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