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Balkans

07. 09. 2021. 00:00   >>  17:47 0

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Zaev: The crisis is over, the economy is recovering

The Prime Minister of Northern Macedonia Zoran Zaev stated that the crisis in his country is officially over and that the economy is recovering.

"After one year, according to today's official statistics, we can say that the crisis is officially over and that the economy is recovering, which is a confirmation of our analyses that the economy is stable and will grow," Zaev said.

He reminded of the data of the State Bureau of Statistics that a growth of the gross domestic product of 13.1 percent was registered in the second quarter of this year.

"This means that in the first half of this year we achieved GDP growth of 5.6 percent. For this year, we projected growth (GDP) of 4.1 percent, with the expectation that exports will grow by 10.6 percent, and gross investment growth of eight percent," Zaev said.

As he pointed out, the employment rate has started to grow again at the same pace as before the pandemic since the end of 2020, with an increase of 1.5 percent in the last three quarters, and the average net salary is also increasing.

"Unemployment is at the level of 15.9 percent, which is the historically lowest level in the recent Macedonian history. It has decreased by 4.8 percent compared to the same period in 2020. Additionally, according to official statistics, the average net salary is continuously growing per employee and in June amounted to 28,744 denars (about 470 euros) in June," Zaev said.

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