Tokyo, 11th October 2012 (MIA) – Measures and instruments with which, within everything available, we will fight to mitigate the consequences from the European economic crisis will not be left out, Vice Prime Minister and Minister of Finance Zoran Stavreski said, who, starting today, attends the Annual Meetings of the International Monetary Fund and the World Bank, focusing on the negative economic trends in the world and Europe.
– We will strive for inflows of fresh foreign capital, among others, from the World Bank as well, so as to improve liquidity in the economy. Liabilities towards the business sector will be timely settled, as the Prime Minister announced, in order to improve liquidity of the private sector. We will increase earnings of those categories being hit the most by the crisis, i.e. the socially vulnerable categories, as well as the pensioners, the subsidies, Stavreski said, adding that the Government will, at the same time, do its best to maintain capital investments at a higher level. According to him, all these are instruments which make Macedonia a bit more different from the others, however, one cannot say that the economic crisis will not have consequences on our country as well.
– In addition to the information on the trends in the Euro zone, the fiscal risks, the weak growth of the American economy and the slowed down growth in Mexico, Brazil, China, being the driving force of growth in the past two years, coupled with the debt crisis in Europe being not resolved, it is obvious that we cannot be too big of an optimist, Vice Prime Minister Stavreski underlined. According to him, one cannot expect that Macedonian economy will experience drastically different trends than the developments in Europe.
Starting today, Vice Prime Minister and Minister of Finance Stavreski and Governor of the National Bank, Dimitar Bogov, attend the Annual Meetings of the International Monetary Fund and the World Bank. As Vice Prime Minister Stavreski said, this event is a good chance to meet the high officials of both the World Bank and the IMF – those in charge of Macedonia, as well as the Vice Presidents and the Executive Directors of these two leading international institutions, and to hear their estimates on the developments in the global economy.
On the other hand, the Annual Meetings are an opportunity to present these high officials the trends in Macedonia, economic trends and developments, the position of the Government and the measures and the policies undertaken to fight the crisis.
Tomorrow, Stavreski will meet Vice Presidents and Executive Directors of both the World Bank and the International Monetary Fund.