IMF increases projection for Macedonia's economic growth

The International Monetary Fund (IMF) forecast strenghtening of Macedonia's economy this year increasing its projection for growth from 3% to 3.2%, according to a recent report.

Of the countries in the region, Kosovo will register the highest growth of 3.9%, while Macedonia is followed by Montenegro with 2.8%, Albania (2.1%), Bosnia and Herzegovina (2%) and Serbia with 1%.
IMF expect Macedonia's economy to rise by 3.4% in 2015 and by 4% until 2019.

The International Monetary Fund and the World Bank expect the global economy to grow 3.6% this year.
Mounting geopolitical tensions, low inflation with fast-growing economies and developing markets experiencing setbacks are seen as main risks negatively affecting the global economic recovery.
The European economy is expected to grow 1.7%.

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