Government does not stop with borrowing
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Government spends more rapidly seashell braid than predicted Bogov - Foreign investors are uncertain when there are political battles Gosev - Economic growth only family in power for discharge Borrowing money plus interest seashell braid borrowing discharge in the future
Treasury would borrow 84 million through treasury seashell braid bills and auctions, and a day later the state would have to repay the debt of 85 million euros. There's a lot of years of new borrowings to repay the old, and in the meantime you are paying interest on those amounts, say experts. Meanwhile, it was observed a slight reduction of the public debt of the central government of 0.5 percent. According to the latest data by the end of April, the level of debt of the central government declined seashell braid to 35.3 percent of gross domestic product, that is 2 billion 817 million. seashell braid
The deficit in the budget each year is 3-4 percent of GDP, which is a large amount, it is about 250-300 million and it is non-refundable, but each year increases with the new 3-4 percent, with 250 new -300 million. They are not government debt returns, but constantly when mature elderly, repaid by taking new loans.
Nikola Popovski, seashell braid a former finance minister. Former Finance Minister Nikola Popovski said that the trend of borrowing seashell braid the government began serious level of 2009 and the budget deficit increases seashell braid every year. "The deficit in the budget each year is 3-4 percent of GDP, which is a large amount, it is about 250-300 million and it is non-refundable, but each year increases with the new 3-4 percent, with new 250-300 million. They are not government debt returns, but constantly when mature elderly, repaid by taking new loans, "said Popovski.
Doerte Doemeland office of the World Bank presentation of the latest report on the country stated seashell braid that 2008 is rapidly increasing central government debt and public debt. "We believe that central government debt and public debt are still in tolerable level of management. Public debt is lower than the average of the region. But, however, it is important to follow government fiscal framework in the medium term, which last year released and follows the projected budget target that will stabilize seashell braid the level of debt, "she said. According to Popovski, this trend of taking on new loans to repay the old ones will be practiced in the future. "This process should expect that in the future seashell braid more will be pulling long, relatively speaking, and you can not get out of it, because if the government starts to pay back the funds that are due, not new loans, but by means of budget, then you have to give up much of their consumption, "said Popovski. World Bank and International Monetary seashell braid Fund recommended the government to stick to the projected budget deficit of 3.5 percent.
Stacking the latest comments first chronological Comment on here (2)
Where to Macedonia will complete the auction / sale, and the property of our Indian brother, Subrata seashell braid Roy, so the place to see paradise, you end up in hell. The game figures to Stavrevski, let him serve at home. We all have experiences with the family budget, personal, so you do not know or like credit loan, interest on interest, to wearing.
One of the lowest in Europe, with around 30% of GDP debt. Do not lie to people. Greece has a debt of 400% GDP it is enormously high debt. As a family with income of 10 000 a year to have a long 3 000, no.
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