Public Debt Management in North Macedonia: Challenges and Opportunities in the Context of EU Accession

Session

Management Business and Economics

Description

The public debt represent an issue that is constantly discussed in different levels in the societies and herein, as a phenomenon provokes greater interest and capture considerable attention. Whereas, the governments continuously adopt different strategies and pursue various trends in management of the public debt. The purpose of this research paper is to comprehensively analyze the alignment of the public debt management strategy of North Macedonia with the fiscal convergence criteria for EU accession and its impact on fiscal discipline. Likewise, conduct thorough review and assessment of country’s latest strategies in debt management and see what reforms are further needed to ensure full compliance with EU fiscal rules. The analysis of the fiscal indicators, the public debt and budget deficit provide an outlook on the country’s historical and current performance in public financial management. For this purpose are used secondary data from respective institution and reviewed reports from different international bodies. Later, several conclusions and recommendations are drawn in direction of ensuring better public debt management in North Macedonia towards accession into the European Union.

Keywords:

public debt, budget deficit, debt management, EU

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-982-41-2

Location

UBT Lipjan, Kosovo

Start Date

25-10-2025 9:00 AM

End Date

26-10-2025 6:00 PM

DOI

10.33107/ubt-ic.2025.400

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Oct 25th, 9:00 AM Oct 26th, 6:00 PM

Public Debt Management in North Macedonia: Challenges and Opportunities in the Context of EU Accession

UBT Lipjan, Kosovo

The public debt represent an issue that is constantly discussed in different levels in the societies and herein, as a phenomenon provokes greater interest and capture considerable attention. Whereas, the governments continuously adopt different strategies and pursue various trends in management of the public debt. The purpose of this research paper is to comprehensively analyze the alignment of the public debt management strategy of North Macedonia with the fiscal convergence criteria for EU accession and its impact on fiscal discipline. Likewise, conduct thorough review and assessment of country’s latest strategies in debt management and see what reforms are further needed to ensure full compliance with EU fiscal rules. The analysis of the fiscal indicators, the public debt and budget deficit provide an outlook on the country’s historical and current performance in public financial management. For this purpose are used secondary data from respective institution and reviewed reports from different international bodies. Later, several conclusions and recommendations are drawn in direction of ensuring better public debt management in North Macedonia towards accession into the European Union.