Spotlight on the Former Yugoslav Republic of Macedonia: Five Ways to Reform

The new Macedonian government, in office since June after two years of deepening political crisis, now has the opportunity to rekindle growth. After a prolonged period of uncertainty, the country needs to move forward with tax and labor market reforms, cut untargeted subsidies, and better manage its public finances, the report states.

With growth at 2.4 percent in 2016, the lowest in four years, the country needs to focus on these five key issues to help turn around the slowdown in growth: