Gruevski: IMF report acknowledges Government efforts unmasking the opposition's false picture

The latest IMF report, which shows that Macedonia is in the top five countries with the lowest public debt and that foreign direct investments will open 30 thousand jobs, is an acknowledgement of the government’s efforts unmasking the false picture presented by the opposition that public debt is extremely high, stated Prime Minister Nikola Gruevski on Sunday.

In the report, he added, the International Monetary Fund (IMF) confirmed that Macedonia is one of the five countries with the lowest public debt in Europe. With a state debt of close to 36% and a public debt of approximately 43%, Macedonia is one of the least indebted countries, according to Gruevski.

“It’s important that the report has revealed that debts were used for major capital infrastructural projects, namely roads, railroad stations, energy projects, hospitals… I’m glad the report was released because it rejects all the accusations made against the government for allegedly using high debts, bringing the country to bankruptcy, and for painting a false picture of the country having low debts. Now, the IMF – one of the most prominent financial institutions – released a report with precise details on the amount of state debt and public debt… By revealing the debt rates of other countries, it is obvious that Macedonia with its current state debt is in the top five least indebted countries,” PM Gruevski told reporters.

According to the Prime Minister, it is also crucial that the IMF has pointed out the matter related to foreign investments.

“In this respect, the organization underscores the success of the government-run policies while also predicting that foreign investments will result in the opening of 30,000 jobs,” said Gruevski adding the IMF report reflected the reality of the government’s efforts recognizing what had been done so far by the Government.