Thursday, October 21, 2010

Foreign investments are not expected to grow in Macedonia

Euromoney conference is a place where experts discuss how to model the economic development of the region in the post-crisis period and how to achieve greater economic growth rates. The SEE region is not expected to obtain a large number of foreign investments nor will it record loan growth. Thus, different models of the economic development, such as competitiveness enhancement, capital investment increase, infrastructure improvement and HR investments, have to be taken into account.

In this regard Macedonian finance minister Zoran Stavreski is ready to present the Macedonian government’s plans for the next year to businessmen and investors. The plans include a 20-percent increase of capital investments in the budget. Loan growth is expected to increase by 20 percent in 2011, Stavreski says.

News source: Limun.hr link: article

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