This analysis provides a brief overview of how our country and the government have coped and adapted to the demands and pressures brought about by the crisis in three main areas:
- Funding COVID-19 and spending - Analysis of policies and measures that the Government in the Republic of North Macedonia has taken and is still taking, through harmonized and interconnected steps that maintain economic activity and do not allow the crisis to gain momentum and thus lead to a complete collapse of the economy. This will be seen through the analysis of realised supplementary budgets for 2020 and the planned budget for 2021. Because only a transparent, accessible, and accurate budget allows citizens to participate in resource allocation and policymaking;
- Macroeconomic variables analysis – In this brief, we will see to which extent the Government of the Republic of North Macedonia has succeeded in its intentions through the policies and restrictive measures that it has taken to prevent the spread of the virus and simultaneously to maintain macroeconomic stability, inclusive growth and employment in order to prevent the collapse of the economy. This will be seen through the realised macroeconomic performance of the country for the past period of 2020 and the first quarter of 2021;
- Government policies taken in the private and civil sector - Moreover, the analysis is structured to target the market and business sector heavily affected by the COVID-19 pandemic. Within this sector, is examine the relative importance of each segment, the COVID-19 impact, the constraints, the businesses and civil sector responses to the impact, and the potentials to overcome the problems and constraints, and drive the economic recovery. Additionally, through the analysis of the Government and institution measures, we will see how much they managed to help companies and organizations to survive and cope with the crisis they are facing and which has become their everyday life.
