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What is World Bank Group Economic Growth in Macedonia Expected To Slow Down about?

Economic growth in Macedonia is projected to slow to 2% in 2016, with a gradual recovery expected to 3.3% in 2017 and 3.7% in 2018, primarily driven by consumption and infrastructure investment. The report highlights concerns over declining foreign investment and increasing fiscal deficit, which has widened to 4.1% of GDP due to higher spending. Overall, the economic outlook for Southeast Europe is positive, with a regional growth forecast of 2.7% in 2016.

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vstojanovski22

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EN