dc.contributor.author	World Bank
dc.date.accessioned	2024-07-08T20:37:18Z
dc.date.available	2024-07-08T20:37:18Z
dc.date.issued	2024-07-08
dc.description.abstract	North Macedonia’s economy is expected to show moderate growth in the medium term, with public finances continuing to be stretched. Although the country anticipates positive medium-term economic prospects, economic headwinds like geopolitical tensions and conflicts, and energy supply and price uncertainties pose significant challenges. Increasing expenditures and slowing revenue growth has seen fiscal space tighten, with public debt reaching 62 percent of GDP, with further increases ahead. The progressive impact of a changing climate brings new challenges and makes the achievement of North Macedonia’s development goals much more difficult. This may complicate the country’s ability to achieve its climate goals while preserving fiscal sustainability given climate change presents additional strains on public finances. This report aims to highlight the links between climate and government finances - identifying the relevant risks and opportunities, while explaining how fiscal policy can help achieve climate objectives while also delivering economic, fiscal, and social outcomes.	en
dc.identifier	http://documents.worldbank.org/curated/en/099060724174031856/P17926410e12380611804e15fc4ec12793b
dc.identifier.doi	10.1596/41834
dc.identifier.uri	https://hdl.handle.net/10986/41834
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	ENERGY ACCESS
dc.subject	ECONOMIC GROWTH DIAGNOSTICS
dc.subject	EXPENDITURE ALLOCATION IN PUBLIC FINANCE
dc.subject	FISCAL SUSTAINABILITY
dc.subject	AFFORDABLE AND CLEAN ENERGY
dc.subject	SDG 7
dc.subject	DECENT WORK AND ECONOMIC GROWTH
dc.subject	SDG 8
dc.subject	CLIMATE ACTION
dc.subject	SDG 13
dc.title	North Macedonia Climate - Public Finance Review	en
dc.title.subtitle	Integrating Climate Change Perspectives into Fiscal Policy	en
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	North Macedonia Climate - Public Finance Review: Integrating Climate Change Perspectives into Fiscal Policy
okr.date.disclosure	2024-07-08
okr.date.lastmodified	2024-06-12T00:00:00Z	en
okr.doctype	Economic & Sector Work::Public Expenditure Review
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/099060724174031856/P17926410e12380611804e15fc4ec12793b
okr.guid	099060724174031856
okr.identifier.docmid	P179264-0e1238f5-aace-4761-804e-5fc4ec12793b
okr.identifier.doi	https://doi.org/10.1596/41834
okr.identifier.externaldocumentum	34337616
okr.identifier.internaldocumentum	34337616
okr.identifier.report	191017
okr.import.id	4717
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099060724174031856/pdf/P17926410e12380611804e15fc4ec12793b.pdf	en
okr.region.administrative	Europe and Central Asia
okr.region.country	North Macedonia
okr.sector	Other Public Administration
okr.theme	Debt Management,Mitigation,Economic Policy,Green Growth,Public Finance Management,Economic Growth and Planning,Fiscal Policy,Environment and Natural Resource Management,Domestic Revenue Administration,Public Sector Management,Fiscal sustainability,Environmental policies and institutions,Climate change,Adaptation,Public Expenditure Policy
okr.topic	Environment::Adaptation to Climate Change
okr.topic	Environment::Environmental Economics & Policies
okr.topic	Energy::Energy Consumption
okr.topic	Macroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.unit	EFI-ECA-MTI-MacroFiscal-2 (EECM2)

Publication: North Macedonia Climate - Public Finance Review: Integrating Climate Change Perspectives into Fiscal Policy

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North Macedonia Climate - Public Finance Review: Integrating Climate Change Perspectives into Fiscal Policy