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IMF Projects Macedonia's Economy will Grow by 3.2 Percent in 2017

Finance | April 19, 2017, Wednesday @ 16:05| 236 views

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International Monetary Fund estimates that the Macedonian economy will grow by 3.2 percent in 2017 and 3.4 percent in 2018.

In its latest spring meeting review, it is estimated that by 2022, Macedonia will grow by 3.8 percent. Albania will reach the highest level of growth in the region with 3.7 percent, Kosovo's GDP growth will reach 3.5, Montenegro by 3.3 percent, Serbia and Bosnia will grow by 3 percent, while Bulgaria and Croatia by 2.9.

The results will be similar by 2022. Earlier in April, the World Bank estimated a growth rate of 2.8 percent for Macedonia in 2017 and 3.3 percent in 2018. Globally, the world's economy is projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018.

Tags: International Monetary Fund, IMF, Macedonia, economy, projections


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