Macedonia Grows, Hard Work and Peace Pays Off

"Macedonia marks 7% GDP in first quarter - the highest in 17 years
Makfax vesnik:

Skopje /20/06/ 16:10

Macedonia achieved 7 percent growth of the Gross Domestic Product in the first quarter of 2007.

Macedonian premier Nikola Gruevski announced this at a press conference today, citing official data of the State Statistical Office.

Gruevski underlined that this marks the greatest GDP hike in the Republic of Macedonia over the past 17 years.

Zoran Stavrevski, the vice-prime minister in charge of economic issues, said that this figure is identical to the one achieved by the fastest growing economies in the world.

'It is remarkable that the growth encompasses not one or two sectors, but is comprehensive and includes all areas', Stavrevski said.

Reminding that the industrial production and export operations marked the same growth in the first four months, Stavrevski said that all of this indicates that a realistically-based growth is in question."