North Macedonia has once again borrowed on international markets through the issuance of its tenth Eurobond, worth one billion euros, aimed at servicing maturing obligations and stabilizing public finances. However, in the coming months, additional borrowing is expected—this time through loans—in order to secure funds for the regular settlement of obligations.

What does this mean for the economy? Can economic growth or stagnation be expected this year, how will inflation evolve, and what can the business sector anticipate?

In the new episode of FinSight, we speak with Blagica Petreski, Executive Director of Finance Think – Institute for Economic Research and Policy. We analyze where budget funds are being allocated, the burden of public debt, how realistic the projected growth of 3.5 percent is, and whether rising wages could further fuel inflation.

The discussion also focuses on labor productivity, the grey economy, the effects of the “My VAT” project, and the key reforms the economy needs to achieve sustainable growth and a higher standard of living.