North Macedonia Public Finance and Competitiveness PBG (WB-P170473)

Countries
  • Macedonia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
The Republic of North Macedonia
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jun 26, 2019

Disclosed by Bank Apr 10, 2019


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Project Description

According to the Bank's website, this project provides financing to the Republic of North Macedonia to improve policies relating to public finances, market competition and de-regulation of indsutry. 

Investment Description
  • World Bank (WB)
Contact Information

World Bank Contact: Sanja Madzarevic Sujster Title: Senior Economist Tel: (1) 202-8484808 Email: smadzarevic@worldbank.org

Borrower Contact: Mr Dragan Tevdovski Title: Minister of Finance Tel: (389) 2-3255 300 Email: cabinet@finance.gov.mk

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.