Former Yugoslav Republic of Macedonia: 2014 Article IV Consultation and Third Post-Program Monitoring Discussions - Staff Report; Press Release; and Statement by the Executive Director for the Former Yugoslav Republic of Macedonia

Growth accelerated to 3.1 percent in 2013, driven by a positive net exports contribution. The broad policy direction is supportive of near term macroeconomic stability. The key challenge is to transition from stability into an acceleration of medium term growth. Uncertainty with respect to EU accession remains, and weighs on longer term prospects.