Public debt is continuously rising to new levels, causing debt distress and risks. Debt sustainability in Macedonia and its context came to increasing attention after public debt more than doubled in the last decade, accompanied with other deteriorating debt related ratios. The situation calls for new efforts to contain vulnerabilities stemming from increasing levels of debt.

Click on the following link to see the full paper: Public Debt  Analyses

Policy Brief: Does the level of public debt matter? Debt Sustainability of Macedonia