|Lecture on World Economic Crisis Delivered in Skopje’s Faculty of Economics|
|Wednesday, 27 February 2013 11:05|
The Faculty of Economics in Skopje hosted a lecture titled “World Economic Crisis: History, Reasons, and Measures” as part of the project “Economic Cooperation German State of Rheinland-Pfalz – South East Europe” financed by the German Federal Ministry for Economic Cooperation and Development and the Ministry of Economy of the Rheinland-Pfalz State.
Minister of Economy Valon Saracini said the global economic developments reflected on the Macedonian economy, since it is mostly open towards the European market. “By maintaining macroeconomic stability and fiscal discipline we remained the fourth lowly indebted country in Europe, with a state debt of around 30 % of the GDP and continuous growth of the capital investments from the budget, as well as direct support to the economy. In order to provide conditions for continuous development of the private secotr, we are working on creating a predictable, favourable, and attractive business climate, as well as stimulate the development of factors that boost competitiveness,” said the Minister of Economy. Minister Saracini referred to the reforms to the tax system and the simplification of administrative procedures, the cheap loans of 250 million euros intended to improve liquidity and investments of small and medium enterprises, the four sets of anti-crisis measures implemented in cooperation with the business community, the actions for improving the conditions for the metallurgy workers, the self-employment measures, the subsidies in agriculture, and the capital investments in road infrastructure, transport, and the energy sector. This is one of the series of lecture on topics of great importance for the economy and the skilled trade in Macedonia, delivered by German lecturers. The lecturers are hired by the Artisan Chamber of Koblenz and are experts in their field.
Sources: Utrinski Vesnik; Kanal 5; Sitel; MIA; Makfax