Borrowing Abroad

Laws on Borrowing a Loan from the Council of Europe Development Bank (CEB)

Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for financing the Project for Consolidation and Modernisation of “Mother Teresa” Clinical Centre in Skopje and Regional Clinical Hospital in Shtip, published in the “Official Gazette of the RM” no.198/18;

Law оn Borrowing а Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for partial financing of the Project for Consolidation and Modernization of the Clinical Centre “Mother Teresa” in Skopje and the Regional Clinical Hospital in Shtip, published in the “Official Gazette of the RM” no. 98/15;

Law on Modifications and Amendments to the Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for Partial Financing of the Project for Housing of vulnerable groups, published in the Official Gazette of the RM no. 188/13;

Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for partial financing of Construction of Physical Education Facilities Project and Rehabilitation of Primary and Secondary Schools in the Republic of Macedonia, published in the Official Gazette of the RM no. 134/11;

Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for Partial Financing of the Prisons Reconstruction Project in the Republic of Macedonia, published in the Official Gazette of the RM no.  140/10;

Correction of the Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framwork Loan Agreement for Partial Financing of the Project for Rehabilitation of Health Provider Institution – PHASE 1, published in the Official Gazette of the RM no. 55/10;

Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for Partial Financing of the Project for Rehabilitation of Health Provider Institutions – PHASE 1, published in the Official Gazette of the RM no. 36/10;

Law on Borrowing a Loan by the Republic of Macedonia from the Council of Europe Development Bank under the Frammework Loan Agreement for Partial Financing of the Project for Housing of Vulnerable Groups, published in the Official Gazette of the RM no. 133/09;

Law on Amendments and Modifications to the Law on Borrowing by the Republic of Macedonia from the Council of Europe Social Development Fund, under the Loan Agreement upon the Project for MNDP Loan for SMEs and Priority Lending, aimed at encouraging the employment, published in the Offical Gazette of the RM no. 130/08;

Law on Borrowing by the Republic of Macedonia from the Council of Europe Development Bank under the Framework Loan Agreement for partial finncing of the Project for Building Psychical Education Facilities, published in the Official Gazette of the RM no. 84/08;

Law on Borroving by the Republic of Macedonia from the Council of Europe Development Bank under the “Project for Housing for Individuals Belonging to Vulnerable Groups”, published in the Official Gazette of the RM no. 41/00;

Laws on Borrowing a Loan from European Bank for Reconstruction and Development (EBRD)

Law on Borrowing a Loan by the Republic of North Macedonia at the European Bank for Reconstruction and Development under the Loan Agreement for Financing the Skopje Bus Rapid Transit Project, published in the “Official Gazette of the RNM”, no. 77/21;

Law on Borrowing a Loan by the Republic of North Macedonia from the European Bank for Reconstruction and Development under the Loan Agreement for the “Wastewater Treatment Plant in Skopje Project”, published in the Official Gazette of the RNM no. 261/19;

Law on Addendum to the Law on Borrowing a Loan by the Republic of Macedonia at the European Bank for Reconstruction and Development under the Loan Agreement for Financing the Project ‘‘Construction of New and Reconstruction of the Existing Parts of the Section Beljakovce-Kriva Palanka – Eastern Part of Rail Corridor VIII, Phase 2‘‘, published in the Official Gazette of the RM no. 10/15;

Law on Amendment and Addendum of the Law on Borrowing a Loan by the Republic of Macedonia from the European Bank for Reconstruction and Development under the Loan Agreement for “Rehabilitation of Eastern Part of Rail Corridor VIII Project, Phase I – Section Kumanovo-Beljakovce”, published in the Official Gazette of the RM no. 10/15;

Law on Borrowing a Loan by the Republic of Macedonia at the European Bank for Reconstruction and Development under the Loan Agreement for Financing the Project “Construction of New and Reconstruction of the Existing Parts of the Section Beljakovce-Kriva Palanka – Eastern Part of Rail Corridor VIII, Phase 2“, published in the Official Gazette of the RM no. 178/14;

Law on Borrowing a loan by the Republic of Macedonia at the European Bank for Reconstruction and Development under the Loan Agreement for ”Rehabilitation of Eastern Part of Rail Corridor VIII Project – Phase I, Kumanovo-Beljakovce Section”, published in the Official Gazette of the RM no.100/12;

Law on Borrowing a Loan by the City of Skopje from the European Bank for Reconstruction and Development under the Loan Agreement for the Project “Through New Concepts for Efficient Traffic towards Cleaner Skopje” without issuance of a sovereing guarantee, published in the Official Gazette of the RM no. 134/11;

Law on Borrowing Loan by the Republic of Macedonia from the European Bank for Reconstruction and Development under the Loan Agreement for the Project for Construction of Corridor X Motorway, Section Demir Kapija – Smokvica, published in the Official Gazette of the RM no. 36/11;

Law on Borrowing a Loan by the Republic of Macedonia from European Bank for Feconstruction and Development under the Loan Agreement for Rail Corridor X Project, published in the Official Gazette of the RM no. 124/10;

Law on Amendments and Modification to the Law on Borrowing by the Republic of Macedonia from the European Bank for Reconstruction and development under the Credit Agreement for the Civil Aviation Upgrading Project, published in the Official Gazette of the RM no. 114/09;

Law on Amendments and Modifications to the law on borrowing a Credit by the Republic of Macedonia from EBRD under the Agreement for Municipal and Environmental Action Programme, published in the Official Gazette of the RM no. 114/09;

Law on Indebtedness of the Republic of Macedonia with Loan at the European Bank for Reconstruction and Development under the Agreement for the Regional and Municipal Roads Rehabilitation Project, published in the Official Gazette of the RM no. 05/09;

Law on Borrowing by the Republic of Macedonia from European Bank for Reconstruction and Development under Credit Agreement for Civil Avation Upgrading Project, published in the Official Gazette of the RM no. 61/02;

Law on Borrowing by the Republic of Macedonia from European Bank for Reconstruction and Development under the Project “Minicipal and Environmental Action Programme”, published in the Official Gazette of the RM no. 107/00;

Laws on Borrowing a Loan from the European Investment Bank (EIB)

Law on Borrowing a Loan by the Republic of North Macedonia from the European Investment Bank under the Finance Contract for the “Wastewater Treatment Plant in Skopje Project”, published in the Official Gazette of the RNM no.261/19;

Law on Borrowing a Credit by the Republic of Macedonia with the Second Portion of a Credit from the European Investment Bank under the Finance Contract for the Project for Construction of Corridor X Motorway, Section Demir Kapija – Smokvica, published in the Official Gazette of the RM no.6/16;

Law on Borrowing a Credit by the Republic of Macedonia with the first portion of a credit from the European Investment Bank under the Finance contract for the Project for Construction of Corridor X motorway, Section Demir Kapija – Smokvica, published in the Official Gazette of the RM no. 134/11;

Law on Amendments to the Law on Borrowing a Credit by the Republic of Macedonia from the European Investment Bank under the Financial Contract for APEX Global Loan for Financing Small and Medium-Size Enterprises and Infrastructure Projects proposed by Local Municipalities in the amount of EUR 20 million, published in the Officail Gazette of the RM no. 145/10;

Law on Borrowing a Credit by the Republic of Macedonia from the European Investment Bank under the Finance Contract for the Water Supply and Waste Collection Project, published in the Official Gazette of the RM no. 83/10.

Law on Amendments and Modifications to the Law on Borrowing of a Credit by the Republic of Macedonia from the European Investment Bank under the Financial Contract for APEX Global Loan for Financing of Small and Medium-Size Enterprises and Infrastructure Project proposed by the Local Municipalities in the amount of EUR 20 million, published in the Official Gazette of the RM no.102/08;

Law on Borrowing by the Republic of Macedonia from European Investment Bank uder the Financial Contract for APEX Global Loan for Financing of Small and Medium-Size Enterprises and Infrastructure Projects proposed by the Local Municipalities in the amount of EUR 20 million, published in the Official Gazette of the RM no. 4/02;

Laws on Borrowing a Loan of the Government of the Republic of Italy

Law on Borrowing by the Republic of Macedonia from the Government of the Republic of Italy for Realization of the Secod Stage of the Programme for the rRtionalization of the managment System and Modernization of Biomedical Technology of the Helth Sector, published in the Official Gazette of the RM no. 112/05;

Laws on Borrowing a Loan from the Japan Bank for International Cooperation (JICA)

Law on Amending the Law on Borrowing a Loan by the Republic of Macedonia from the Japan Bank for International Cooperation under the Loan Agreement for Implementation of the Zletovica Basin Water Utilization Improvement Project, published in the Official Gazette of the RM no. 47/11;

Law on Amendments and Modifications to the Law on Borrowing a Loan by the Republic of Macedonia from the Japan Bank for International Cooperation under the Loan Agreement for implementation of the Zletovica Basin Water Utilization Improvement Project, published in the Official Gazette of the RM no. 103/08;

Law on Borrowing a loan by the Republic of Macedonia from the Japan Bank for International Cooperation under the Loan Agreement for Implementation of the Zletovica Basin Water Utilization Improvment Project, published in the Official Gazette of the RM no. 72/03;

Laws on Borrowing a Loan from the from the Credit Bank for Reconstruction (KfW)

Law on Borrowing a Loan by the Republic of North Macedonia from the KfW Development Bank under the Loan Agreement for the “Energy Efficient Rehabilitation of Student Dormitories in North Macedonia Project”, published in the Official Gazette of the RNM no.261/19;

Law on Borrowing a Loan by the Republic of North Macedonia from the KfW Development Bank under the Loan Agreement for the “Irrigation Programme North Macedonia”, published in the Official Gazette of the RNM no.261/19;

Law Amending t he Law on Borrowing a Loan by the Republic of Macedonia from the Credit Bank for Reconstruction – KfW under the Loan Agreeme t for the Irrigation Programme Southern Vardar Valley – Phase II, published in the Official Gazette of the RM no.189/16,

Law Amending the Law on Borrowing a Loan by the Republic of Macedonia from the Credit Bank for Reconstruction (“KfW”) under the Loan Agreement for the Irrigation Programme Southern Vardar Valley, published in the Official Gazette of the RM no.189/16,

Law Amending the Law on Borrowing a Loan by the Republic of Macedonia from the Credit Bank for Reconstruction KfW under the Loan Agreement for the Irrigation Programme Southern Vardar Valley II, published in the Official Gazette of the RM no. 36/11,

Law on Borrowing a Loan by the Republic of Macedonia from the Credit Bank for Reconstruction KfW under the Loan Agreement for the Irrigation Programme Southern Vardar Valley II, published in the Official Gazette of the RM no. 133/09;

Law on Borrowing a Loan by the Republic of Macedonia from the Credit Bank for Reconstruction – KfW under the Loan Agreement for the Water and Sewerage Programme Macedonia – Phase 1, published in the Official Gazette of the RM no. 114/09;

Law on Borrowong by the Republic of Macedonia from the Credit of Federal Republic of Germany for Reconstruction (“KfW”) for Implementation of the Promotion of Micro, Small and Medium Size Enterprises Project, published in the Official Gazette of the RM no. 33/00;

Laws on Borrowing a Loan from the International Bank for Reconstruction and Development – World Bank

Law on Borrowing a Loan by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for Financing the Agriculture Modernization Project, published in the “Official Gazette of the RNM”, no.107/21;

Law on Borrowing a Loan by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for Financing the Public Sector Energy Efficiency Project, published in the “Official Gazette of the RNM”, no. 77/21;

Law on Borrowing a Loan by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for Financing the Primary Education Improvement Project, published in the “Official Gazette of the RNM”, no. 77/21;

Law on Borrowing by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for financing the North Macedonia Emergency Covid-19 Response Project, published in the “Official Gazette of the RNM”, no.248/20;

Law on borrowing by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for financing the Social Insurance Administration Project, published in the Official Gazette of the RNM no.31/20;

Law on borrowing by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for financing the Local Roads Connectivity Project, published in the Official Gazette of the RNM no.261/19;

Law on borrowing by the Republic of North Macedonia at the International Bank for Reconstruction and Development – World Bank under the Public Finance and Competitiveness Policy Loan Agreement, published in the Official Gazette of the RNM no.210/19;

Law on borrowing a loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for financing the Western Balkans Trade and Transport Facilitation Project, published in the Official Gazette of the RNM no.101/19;

Law on borrowing a loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for financing the Social Services Improvement Project, published in the Official Gazette of the RM no.163/18;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development -World Bank under the Loan Agreement upon the Second Municipal Services Improvement Project, published in the Official Gazette of the RM no.194/15;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for Additional Financing of the Real Estate Cadastre and Registration Project, published in the Official Gazette of the RM no. 118/10;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – the World Bank under the Loan Agreement under the loan Agreement for the First Development Policy Loan – DPL1, published in the Official Gazette of the RM no. 31/10;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Conditional Cash Transfers Project, published in the Official Gazette of the RM no. 99/09;

Law on Borrowing by the Republic of Macedonia from the Internation Bank for Reconstruction and Development – World Bank under the Loan Agreement upon the Municipal Services Improvement Project, published in the Official Gazette of the RM no. 71/09;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for the third Programmatic Development Policy Loan – PDPL 3, published in the Official Gazette of the RM no.103/08;

Law on Borrowing by the Republic of Macedonia from the European Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Regional and Local Roads Programme Support Project, published in the Official Gazette of the RM no. 84/08;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for Second Trade and Transport Facilitation in South East Europe Project – TTFSE 2, published in the Official Gazette of the RM no. 106/07;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Second Programmatic Development Loan – PDPL 2, published in the Official Gazette of the RM no. 106/07;

Law on Borrowing a Loan by the Republic of Macedonia from the Internacional Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Agriculture Strengthening and Accession Project, published in the Official Gazette of the RM no.106/07;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for the First Programmatic Development Policy Loan – PDPL 1, published in the Official Gazette of the RM no. 101/05;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Business Environment Reform and Institutional Strengthening Project, published in the Official Gazette of the Republic of Macedonia, published in the Official Gazette of the RM no. 81/05;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development-World bank under the Loan Agreement  for the Real Estate Cadastre and Registration Project, published in the Official Gazette of the RM no. 38/05;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the loan Agreement for the Social Support Project, published in the Official Gazette of the RM no. 46/04;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development-World Bank under the Second Public Sector Management Adjustment Loan Project, published in the Official Gazette of the RM no. 46/04;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – World Bank under the Loan Agreement fror the Health Sector Mangement Project, published in the Official Gazette of the RM no. 46/06;

Law on Borrowing a Loan by the Republic of Macedonia from the Internationa Bank for Reconstruction and Development – World Bank under the Loan Agreement for the Education Modernization Project, published in the Official Gazette of the RM no. 17/04;

Law on Borrowing a Loan from the International Monetary Fund

Law on Borrowing Precautionary Credit Line by the Republic of Macedonia from the International Monetary Fund, published in the Official Gazette of the RM no. 17/11

Law on Borrowing a Loan from the Deutsche Bank

Law on Borrowing by the Republic of Macedonia from Deutsche Bank and Erste Bank under the Facility Agreement for the Project “Gasification of the Republic of Macedonia – Phase 1 Stip – Negotino – Bitola Section and Skopje – Tetovo – Gostivar Section”, published in the Official Gazette of the RM no.193/15;

Laws on Borrowing a Loan from the Government of Kingdom of Spain

Law on Amendments and Modifications to the Law on Borrowing a Credit by the Republic of Macedonia from the Government of the Kingdom of Spain under the Credit Agreement for implementation of the Dam Project with accompanying facillities as part of the Hydro -Melorative System “Lisice“, published in the Official Gazette of the RM no. 49/03;

Law on Indebtedness of the Republic of Macedonia whit Credit at the Government of the Kingdom of Spain on the basis of the dam Project whit Accompanying Facilities as Part of the Hydro – Melorative System “LISICE”, published in the Official Gazette of the RM no. 32/02;

Laws on Borrowing from other financial institution

Law on Indebtedness in line with “Agreement on Setting the Debt of Makedonski zeleznici Transport AD Skopje (“Macedonian Railways” Joint Stock Company Skopje) as legal successor of JP Makedonski zeleznici Skopje (Public Enterprise “Macedonian Railways” Skopje) towards Hungarian State Railways (MAV SA) for the period 1991-1995″, published in the Official Gazette of the RM no. 142/08; 

Law on Borrowing by the Republic of Macedonia from the International Development Association (IDA) under the Credit Agreement for the Children and Youth Development Project, publishe in the Official Gazette of the RM no. 04/02;

Law on Borrowing by the Republic of Macedonia from the International Development Association (IDA) Credit Agreement for the Community and Culture Development Project, published in the Official Gazette of the RM no.04/02;

Law on Borrowing Credit by the Republic of Macedonia from the Internacional Development Association (IDA) under the Credit Agreement for the Municipal Development Project, published in the Official Gazette of the RM no. 50/02;

Law on Borroving a Credit by the Republic of Macedonia from the International Development Association for Implementation of the Financial and Enterprise Sector Adjustment Loan (FESAL 2), published in the Official Gazette of the RM no.107/00;

Law on Borrowing a Loan by the Republic of Macedonia from the International Bank for Reconstruction and Development – IBRD for Iplementation of the Financial and Enterprise Sector Adjustment Loan (FESAL 2), published in the Official Gazette of the RM no. 107/00;

Law on Borroving a Loan by the Republic of Macedonia from the European Communitty in the amount of EUR 50 million intended for balance of payments support to the Republic of Macedonia, published in the Official Gazette of the RM no.107/00;

Law on Borrowing a Loan by the Republic of Macedonia from the International Fund for Agricultural Fund (IFAD) for Implementation of the Agricultural Financial Services Project, published in the Official Gazette of RM no.107/00;

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