Export Sector Momentum

March 2008
Emerging Europe Monitor: South East Europe Monitor;Mar2008, Vol. 15 Issue 3, p9
Country Report
The article presents the economic outlook in Macedonia particularly in the export sector. It believes that the Macedonian current acount will return to a deficit in 2008, which leads to a trade deficit above 20% of gross domestic product (GDP). It forecasts that the current account deficit as a percentage of GDP will reach 0.13% in 2008, increase to 1.09% in 2009 and narrows to 0.12% by 2012 as the export industry gains momentum.


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