Skopje, 9 April 2026 (MIA) - Credit ratings agency "Fitch" has affirmed North Macedonia's BB+ rating with stable outlook, sending a clear signal of trust in the country's economic policies, said the Ministry of Finance on Thursday.

In its latest report, Fitch says North Macedonia’s ‘BB+’ rating is supported by a record of credible and consistent macroeconomic policies that underpin the longstanding de facto exchange-rate peg to the euro, more favourable governance indicators than peer medians, and commitment to an EU accession process that acts as a reform anchor over the medium term.

The Ministry of Finance said the real economic growth accelerated to 3.5 percent in 2025, stimulated by domestic demand and investments that achieved an 8-percent growth.

Despite the external challenges, Fitch expects the economy to resume with a stable growth of three percent in 2026 and 3.4 percent in 2027, positioning the country on the track of sustainable growth.

The Ministry added that the budget deficit was maintained at the 4-percent level in 2025, with a clear trajectory for its gradual decrease to 3.4 percent by 2027.

The public debt is moderate and controlled, significantly below European criteria, which further reaffirms the fiscal stability. The report also notes exposure to outside risks, especially in the section of energy markets, while adding that such shocks will not have long-term consequences on the economy. Inflation is stabilizing and is expected to be moderate in the coming period, followed by further stabilization in 2027, reads the press release.

The credit rating affirmation is an important signal for international financial markets and investors that the country maintains its macroeconomic stability and predictable economic policy amid global uncertainty.

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