Citation: „Growth is solid, but fiscal prudence is needed“
Macro-monitor 14(3)
Statement: „What does “Integrated Strategy for Combating the Gray Economy” mean?“
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Statement: „The practice of new loans for salaries and old debts continues“
Citation: “Perinski: We have municipalities that have not issued a single tax decision, yet they are asking for money from “big brother””
Prof. Marjan Petreski in the podcast “Where Is the Money?”
In the podcast “Where Is the Money?” on Pari.com.mk, Professor Marjan Petreski discusses the Draft Budget 2026:
⚠ As in our FT Commentary 43 (https://shorturl.at/67wyD), the overall budgeting framework is moving in the right direction, but a series of fiscal risks remain.
❗ The inflation target of 2.5% is achievable only if fiscal policy supports monetary policy, without populist expectations of “easy money.”
❗ Productivity in the public sector is declining, while in the private sector it is rising – a critical factor for sustainable wage growth and stable budget revenues.
⚠ As in our FT Commentary 43 (https://shorturl.at/67wyD), the overall budgeting framework is moving in the right direction, but a series of fiscal risks remain.
❗ The inflation target of 2.5% is achievable only if fiscal policy supports monetary policy, without populist expectations of “easy money.”
❗ Productivity in the public sector is declining, while in the private sector it is rising – a critical factor for sustainable wage growth and stable budget revenues.








