Tuesday, August 29, 2006

Macedonia’s New Government Has Only EUR 24 Million

Skopje. Macedonia’s new government has only EUR 24 million of the country’s budget at its disposal, Macedonian TV station A1 informs.

This information triggered a dispute between the up-to-now Finance Minister Nikola Popovski and the newly elected one Trajko Slaveski. Many questions were raised by the business circles in the country which need an answer. Will the new government be able to spend more money, how will the International Monetary Fund and the World Bank react to the spending of the money intended for the big economic projects are only some of these questions.
To begin with Minister Slaveski will order a rebalance of the budget and will check what his predecessor has left him.

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