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IMF - Macedonia GDP growth to slow this year on political woes

Macedonia's economic growth is expected to slow to 3.2 per cent this year because of a prolonged political crisis and the impact of problems in neighbouring Greece, the International Monetary Fund said on Thursday. 

The IMF had previously forecast this year's growth at 3.8 per cent, unchanged from 2014. 

"Domestic political uncertainties and the crisis in Greece are likely to slow momentum as confidence weakens and some investors hold off investment decisions," the IMF said in a statement released after a regular review of Macedonia's economic performance. 


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