Skopje, 7th February 2013 (MIA) – Today, Vice Prime Minister and Minister of Finance Zoran Stavreski, EU Ambassador Aivo Orav and the Ambassador of Finland in Macedonia Juha Ottman, marked the start of the Twinning Project


" Strengthening the Capacity of the Ministry of Finance for Macroeconomic Analysis and Policy Formulation”.

Project is aimed at supporting the Ministry of Finance in improving the economic analyses and the projecting skills, as well as creating medium-term and long-term macro-fiscal framework through further development of capacities for macroeconomic modeling and tax revenues, social costs and benefits, fiscal analyses and improvement of budget planning process. Project was launched in December 2012 and it will be implemented within 2-year period by the HAUS Finish Institute of Public Management and the National Academy of Finance and Economy of the Kingdom of the Netherlands.

Minister Stavreski pointed out that acquiring fully-fledged membership is top national priority of the Republic of Macedonia, enjoying full consensus in our country, being strong impetus and lead for the reforms of the Government of the Republic of Macedonia.

– At the same time, we are aware of the forthcoming challenges as regards the achievement of this goal. Thus, strengthening of the capacities of public institutions is significant for the country, as well as for the Ministry of Finance, Stavreski said.

Therefore, precisely this need for strengthening the capacities of the Ministry for promoting specific measures and activities that should be undertaken for additional strengthening and increasing of the economic potential of the country, identifying of the economic growth sources, as Vice Prime Minister said, gave the idea for realizing this Project.

In the past period, Stavreski pointed out, the Government implemented numerous reforms in terms of fulfilling the Economic Criteria of EU Membership and awarding status of functional market economy. He pointed once again that Macedonia was also exposed to the effects of the global economic crisis.

– Despite that, compared to many other countries, Republic of Macedonia achieved far better performance. In 2010 and 2011, economic growth of 2.9%, i.e. 2.8% was registered, being among the three best results compared to the EU candidate countries and among the European countries showing better results. Such Government policies in terms of preserving macroeconomic stability were also accepted and acknowledged by international rating agencies, affirming the credit rating of Macedonia, Stavreski said.

Main Project beneficiaries are the departments for macroeconomic policy, budget and funds, tax and customs policy within the Ministry of Finance.

When realizing this Project, Ministry of Finance, as Vice Prime Minister stressed, will cooperate with all other Ministries in the economic field, NBRM, State Statistical Office, Public Revenue Office and similar, to the end of exchanging data, as well as improving the analyses as regards the economic developments and finding optimal measures for formulating the economic policies in future.

EU Ambassador Aivo Orav pointed out that the activities envisaged under the Project, will contribute to fulfilling the economic criteria and conditions referred to in Chapter 17, being conditions for the accession process.
Project activities will be focused on the exchange of knowledge in the field of economic analysis, envisagement and formulation of economic policies so as to contribute to improved quality of information provided for the economic policy creators, being necessary for successful decision-making processes.

Оваа вест е достапна и на: Macedonian

Comments are closed.