North Macedonia Public Finance and Competitiveness DPL
Sector: Oil and Gas • Location: North Macedonia
Source: World Bank Group
The Public Finance and Competitiveness Development Policy Loan (DPL) supports North Macedonia’s efforts to strengthen the sustainability of public finances, improve market competition, and reduce the regulatory burden on businesses. After a period of political stalemate, the government in office since May 2017 embarked on an ambitious reform program to safeguard macroeconomic stability, improve ci
- Status
- Closed
- Sector
- Oil and Gas, Residential, Government, Commercial
- Location
- Macedonia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Public Finance and Competitiveness Development Policy Loan (DPL) supports North Macedonia’s efforts to strengthen the sustainability of public finances, improve market competition, and reduce the regulatory burden on businesses. After a period of political stalemate, the government in office since May 2017 embarked on an ambitious reform program to safeguard macroeconomic stability, improve citizens well-being, strengthen competitiveness, and pursue the country’s aspirations for European and international integration. The government’s Economic Reform Program (ERP) 2019-21 aims to strengthen revenues, improve public financial management, increase market competition, make the environment for doing business more attractive, and strengthen labor market and social protection. The DPL supports reforms that aim to safeguard fiscal sustainability, improve market competition, and lower the regulatory burden on businesses in the context of renewed impetus for European and global integration. This operation has been closely coordinated with international partners (including the International Monetary Fund (IMF), the European Commission (EC), United States Agency for International Development (USAID), and other bilateral partners) to ensure that policy support and technical assistance are complementary. The DPL objectives are aligned with the World Bank Group Country Partnership Framework (CPF) FY19-FY23. |
Original sector | FY17 - Energy and Extractives,FY17 - Industry, Trade and Services,FY17 - Public Administration,FY17 - Social Protection |
Location
Country | Macedonia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Residential, Government, Commercial |
Article published date | 2025-12-17 |
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