FinMin meets IMF officials: Commitment to macroeconomic and public finance stability
- The Government remains committed to maintaining the macroeconomic and public finance stability, fiscal consolidation, accelerated and sustainable economic growth.
- Post By Ivan Kolekevski
- 11:02, 17 April, 2026
Skopje, 17 April 2026 (MIA) - The Government remains committed to maintaining the macroeconomic and public finance stability, fiscal consolidation, accelerated and sustainable economic growth. It closely follows developments amid the global uncertainty and undertakes measurds to manage the challenges, said Finance Minister at a meeting with International Monetary Fund (IMF) Executive Director Jeroen Clicq, IMF European Department Director, Alfred Kammer, IMF North Macedonia Mission Chief Nick Gigineishvili, and representatives of the IMF Fiscal Affairs Department in Washington.
"Improvement of the public finance management and maintaining a high level of capital expenditures that support long-term economic policies remain the key goal of the fiscal policy. The elements of our fiscal policy rely on the measures securing mid-term sustainability, discipline in public finance management, transparency and accountability in the use of funds, as well as support for the economy in maintaining the capital expenditures at a high level (5 percent of GDP). Focus has also been placed on strengthening the efficiency of revenues, primarily the fight against the informal economy and digitalization of processes, while maintaining low tax rates," said Minister Dimitrieska Kochoska.
The FinMin added that implementation of the projected fiscal consolidation and lowering of the budget deficit are given specific importance, with the deficit dropping from 4.4 percent in 2024 to 4 percent in 2025 and down to the projected 3.5 percent in 2026.
According to Dimitrieska Kochoska, the Government and the Ministry of Finance monitor global developments and undertake measures to tackle the challenges, in support of businesses and citizens, while maintaining the stability of public finances and supporting growth.
Interlocutors highlighted the support that the IMF has provided to the Ministry of Finance in the implementation of key reforms in the public finance management and strengthening of the administration's capacities, the Ministry of Finance said in a press release.
Photo: Ministry of Finance