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North Macedonia Public Finance and Competitiveness DPL

Sector: Oil and Gas • Location: North Macedonia

Source: World Bank Group

Project
Closed

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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The project “North Macedonia Public Finance and Competitiveness DPL” is an infrastructure initiative in the Oil and Gas sector, located in North Macedonia. Taiyo aggregates data on it from World Bank Group.

Participants

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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