Finance Think https://www.financethink.mk/en/ Economic Research & Policy Institute Mon, 24 Nov 2025 12:29:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.financethink.mk/wp-content/uploads/2020/10/cropped-ft-favicon-01-32x32.png Finance Think https://www.financethink.mk/en/ 32 32 Prof. Marjan Petreski in the podcast “Where Is the Money?” https://www.financethink.mk/en/%d0%bf%d1%80%d0%be%d1%84-%d0%bc%d0%b0%d1%80%d1%98%d0%b0%d0%bd-%d0%bf%d0%b5%d1%82%d1%80%d0%b5%d1%81%d0%ba%d0%b8-%d0%b2%d0%be-%d0%bf%d0%be%d0%b4%d0%ba%d0%b0%d1%81%d1%82%d0%be%d1%82-%d0%ba/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25bf%25d1%2580%25d0%25be%25d1%2584-%25d0%25bc%25d0%25b0%25d1%2580%25d1%2598%25d0%25b0%25d0%25bd-%25d0%25bf%25d0%25b5%25d1%2582%25d1%2580%25d0%25b5%25d1%2581%25d0%25ba%25d0%25b8-%25d0%25b2%25d0%25be-%25d0%25bf%25d0%25be%25d0%25b4%25d0%25ba%25d0%25b0%25d1%2581%25d1%2582%25d0%25be%25d1%2582-%25d0%25ba Mon, 24 Nov 2025 12:28:33 +0000 https://www.financethink.mk/%d0%bf%d1%80%d0%be%d1%84-%d0%bc%d0%b0%d1%80%d1%98%d0%b0%d0%bd-%d0%bf%d0%b5%d1%82%d1%80%d0%b5%d1%81%d0%ba%d0%b8-%d0%b2%d0%be-%d0%bf%d0%be%d0%b4%d0%ba%d0%b0%d1%81%d1%82%d0%be%d1%82-%d0%ba/ In the podcast “Where Is the Money?” on Pari.com.mk, Professor Marjan Petreski discusses the Draft Budget 2026:⚠ As in our FT Commentary 43 (https://shorturl.at/67wyD), the overall budgeting framework is moving in the right direction, but a series of fiscal risks remain.❗ The inflation target of 2.5% is achievable only if fiscal policy supports monetary policy, […]

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In the podcast “Where Is the Money?” on Pari.com.mk, Professor Marjan Petreski discusses the Draft Budget 2026:
⚠ As in our FT Commentary 43 (https://shorturl.at/67wyD), the overall budgeting framework is moving in the right direction, but a series of fiscal risks remain.
❗ The inflation target of 2.5% is achievable only if fiscal policy supports monetary policy, without populist expectations of “easy money.”
❗ Productivity in the public sector is declining, while in the private sector it is rising – a critical factor for sustainable wage growth and stable budget revenues.

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]]> Our MK-MOD is officially featured on the EUROMOD European map https://www.financethink.mk/en/%d0%bd%d0%b0%d1%88%d0%b8%d0%be%d1%82-%d0%bc%d0%ba-%d0%bc%d0%be%d0%b4-%d0%be%d1%84%d0%b8%d1%86%d0%b8%d1%98%d0%b0%d0%bb%d0%bd%d0%be-%d0%bf%d1%80%d0%b8%d0%ba%d0%b0%d0%b6%d0%b0%d0%bd-%d0%bd%d0%b0-%d0%b5/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25bd%25d0%25b0%25d1%2588%25d0%25b8%25d0%25be%25d1%2582-%25d0%25bc%25d0%25ba-%25d0%25bc%25d0%25be%25d0%25b4-%25d0%25be%25d1%2584%25d0%25b8%25d1%2586%25d0%25b8%25d1%2598%25d0%25b0%25d0%25bb%25d0%25bd%25d0%25be-%25d0%25bf%25d1%2580%25d0%25b8%25d0%25ba%25d0%25b0%25d0%25b6%25d0%25b0%25d0%25bd-%25d0%25bd%25d0%25b0-%25d0%25b5 Fri, 21 Nov 2025 14:51:57 +0000 https://www.financethink.mk/?p=16141 ✅ We are proud that MK-MOD, the Macedonian tax-benefit microsimulation model – developed and maintained by Finance Think – is officially featured on the European models map within EUROMOD 🇪🇺. With this, MK-MOD stands shoulder to shoulder with the models of the European Union, Norway, Switzerland, the United Kingdom, and other countries that develop modern […]

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✅ We are proud that MK-MOD, the Macedonian tax-benefit microsimulation model – developed and maintained by Finance Think – is officially featured on the European models map within EUROMOD 🇪🇺.

With this, MK-MOD stands shoulder to shoulder with the models of the European Union, Norway, Switzerland, the United Kingdom, and other countries that develop modern analytical tools for assessing public policies.

🔎 This recognition confirms that Macedonia, through Finance Think, is building capacities comparable to European standards – enabling better testing, planning, and evaluation of tax, transfer, and social protection policies.

👉 EUROMOD models map: https://euromod-web.jrc.ec.europa.eu/…/euromod-models-map
👉 About MK-MOD: https://www.financethink.mk/…/tax-benefit…/

💡 We continue improving the model and providing strong support for evidence-based policymaking.

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]]> In an interview for @frontlinemk, Blagica Petreski discusses current economic topics https://www.financethink.mk/en/%d0%b2%d0%be-%d0%b8%d0%bd%d1%82%d0%b5%d1%80%d0%b2%d1%98%d1%83-%d0%b7%d0%b0-frontlinemk-%d0%b1%d0%bb%d0%b0%d0%b3%d0%b8%d1%86%d0%b0-%d0%bf%d0%b5%d1%82%d1%80%d0%b5%d1%81%d0%ba%d0%b8-%d0%b7%d0%b1%d0%be/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25b2%25d0%25be-%25d0%25b8%25d0%25bd%25d1%2582%25d0%25b5%25d1%2580%25d0%25b2%25d1%2598%25d1%2583-%25d0%25b7%25d0%25b0-frontlinemk-%25d0%25b1%25d0%25bb%25d0%25b0%25d0%25b3%25d0%25b8%25d1%2586%25d0%25b0-%25d0%25bf%25d0%25b5%25d1%2582%25d1%2580%25d0%25b5%25d1%2581%25d0%25ba%25d0%25b8-%25d0%25b7%25d0%25b1%25d0%25be Wed, 19 Nov 2025 11:15:59 +0000 https://www.financethink.mk/%d0%b2%d0%be-%d0%b8%d0%bd%d1%82%d0%b5%d1%80%d0%b2%d1%98%d1%83-%d0%b7%d0%b0-frontlinemk-%d0%b1%d0%bb%d0%b0%d0%b3%d0%b8%d1%86%d0%b0-%d0%bf%d0%b5%d1%82%d1%80%d0%b5%d1%81%d0%ba%d0%b8-%d0%b7%d0%b1%d0%be/ Budget revenues are projected to grow by 3.5%, calculated based on the budgeted revenues for 2025. That nominal growth is realistic—one could even say conservative—if for 2026 we expect real GDP growth of 3.8% and inflation of 2.5%. However, the problem arises because the projection in the 2025 budget is unrealistic to achieve. Finance Think […]

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⚠

Budget revenues are projected to grow by 3.5%, calculated based on the budgeted revenues for 2025. That nominal growth is realistic—one could even say conservative—if for 2026 we expect real GDP growth of 3.8% and inflation of 2.5%.

However, the problem arises because the projection in the 2025 budget is unrealistic to achieve. Finance Think pointed this out already last year, and it is now evident from the fact that in the first nine months revenue realization stands at 67%, which is lower than what would be proportional for this stage of the year. This brings us to the conclusion that the 2026 budget once again projects revenue growth with an excessively high nominal increase.

In 2026, we should not expect a dramatic jump, but rather a moderate nominal growth of around 6%, in line with the real dynamics of the economy. Anything beyond that would be “cosmetics on paper,” which would only create pressure for the budget to be rebalanced in the first half of the year. The reason lies not only in economic conditions, but also in the fact that the fight against the grey economy and the enforcement of revenue collection—although showing some positive movement—still suffer from significant weaknesses.

https://frontline.mk/2025/11/17/d-r-blagica-petreski-za-frontla-n-bu-etot-za-2026-godina-e-izgraden-vrz-nerealno-visoki-proekcii-na-prihodi/

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]]> Marija Basheska at a regional conference in Sarajevo https://www.financethink.mk/en/marija-basheska-at-a-regional-conference-in-sarajevo/?utm_source=rss&utm_medium=rss&utm_campaign=marija-basheska-at-a-regional-conference-in-sarajevo Wed, 19 Nov 2025 09:22:29 +0000 https://www.financethink.mk/?p=16129 🔛 On 12 and 13 November in Sarajevo, our economist Marija Basheska participated in the regional conference “Think SMART: Rethinking the Old-School Funding Approach,” dedicated to rethinking funding models and strengthening the role of the civil sector in the Western Balkans.Her participation in the conference was an excellent opportunity to exchange practices, hear diverse perspectives, […]

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]]> 🔛 On 12 and 13 November in Sarajevo, our economist Marija Basheska participated in the regional conference “Think SMART: Rethinking the Old-School Funding Approach,” dedicated to rethinking funding models and strengthening the role of the civil sector in the Western Balkans.
Her participation in the conference was an excellent opportunity to exchange practices, hear diverse perspectives, and strengthen regional cooperation.

#civilsociety #RegionalCooperation #WesternBalkans

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]]> Finance Think at the Conference on the Green Industrial Future in Tirana https://www.financethink.mk/en/finance-think-%d0%bd%d0%b0-%d0%ba%d0%be%d0%bd%d1%84%d0%b5%d1%80%d0%b5%d0%bd%d1%86%d0%b8%d1%98%d0%b0-%d0%b7%d0%b0-%d0%b7%d0%b5%d0%bb%d0%b5%d0%bd%d0%b0%d1%82%d0%b0-%d0%b8%d0%bd%d0%b4%d1%83%d1%81%d1%82/?utm_source=rss&utm_medium=rss&utm_campaign=finance-think-%25d0%25bd%25d0%25b0-%25d0%25ba%25d0%25be%25d0%25bd%25d1%2584%25d0%25b5%25d1%2580%25d0%25b5%25d0%25bd%25d1%2586%25d0%25b8%25d1%2598%25d0%25b0-%25d0%25b7%25d0%25b0-%25d0%25b7%25d0%25b5%25d0%25bb%25d0%25b5%25d0%25bd%25d0%25b0%25d1%2582%25d0%25b0-%25d0%25b8%25d0%25bd%25d0%25b4%25d1%2583%25d1%2581%25d1%2582 Fri, 07 Nov 2025 16:59:19 +0000 https://www.financethink.mk/finance-think-%d0%bd%d0%b0-%d0%ba%d0%be%d0%bd%d1%84%d0%b5%d1%80%d0%b5%d0%bd%d1%86%d0%b8%d1%98%d0%b0-%d0%b7%d0%b0-%d0%b7%d0%b5%d0%bb%d0%b5%d0%bd%d0%b0%d1%82%d0%b0-%d0%b8%d0%bd%d0%b4%d1%83%d1%81%d1%82/ We participated in the regional discussion “Promoting the Green Industrial Future of the Western Balkans,” held on November 3 in Tirana.Blagica Petreski shared the event’s concluding insights. After the energy crisis, the topic of energy transition has increasingly taken on an economic dimension — it is no longer just an environmental issue, but also one […]

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We participated in the regional discussion “Promoting the Green Industrial Future of the Western Balkans,” held on November 3 in Tirana.
Blagica Petreski shared the event’s concluding insights.

After the energy crisis, the topic of energy transition has increasingly taken on an economic dimension — it is no longer just an environmental issue, but also one of competitiveness, industrial restructuring, and long-term economic resilience of countries in the region. 🌱⚙

Our key message:

“We should not wait for the next crisis to accelerate change; we need to institutionalize adaptability.”

The event was organized by Instituti GAP and the Open Society Foundations – Western Balkans, with participation from leading researchers, policymakers, and representatives of organizations from across the Western Balkans.

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]]> Blagica Petreski discussed the findings from our recent research on Top Tema https://www.financethink.mk/en/%d0%b7%d0%b0-%d0%bd%d0%b0%d0%be%d0%b4%d0%b8%d1%82%d0%b5-%d0%be%d0%b4-%d0%bd%d0%b0%d1%88%d0%b8%d1%82%d0%b5-%d1%81%d0%ba%d0%be%d1%80%d0%b5%d1%88%d0%bd%d0%b8-%d0%b8%d1%81%d1%82%d1%80%d0%b0%d0%b6%d1%83/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25b7%25d0%25b0-%25d0%25bd%25d0%25b0%25d0%25be%25d0%25b4%25d0%25b8%25d1%2582%25d0%25b5-%25d0%25be%25d0%25b4-%25d0%25bd%25d0%25b0%25d1%2588%25d0%25b8%25d1%2582%25d0%25b5-%25d1%2581%25d0%25ba%25d0%25be%25d1%2580%25d0%25b5%25d1%2588%25d0%25bd%25d0%25b8-%25d0%25b8%25d1%2581%25d1%2582%25d1%2580%25d0%25b0%25d0%25b6%25d1%2583 Fri, 07 Nov 2025 16:03:53 +0000 https://www.financethink.mk/%d0%b7%d0%b0-%d0%bd%d0%b0%d0%be%d0%b4%d0%b8%d1%82%d0%b5-%d0%be%d0%b4-%d0%bd%d0%b0%d1%88%d0%b8%d1%82%d0%b5-%d1%81%d0%ba%d0%be%d1%80%d0%b5%d1%88%d0%bd%d0%b8-%d0%b8%d1%81%d1%82%d1%80%d0%b0%d0%b6%d1%83/ Link

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]]> Marija Basheska at a conference on structural changes in the Western Balkans https://www.financethink.mk/en/%d0%bc%d0%b0%d1%80%d0%b8%d1%98%d0%b0-%d0%b1%d0%b0%d1%88%d0%b5%d1%81%d0%ba%d0%b0-%d0%bd%d0%b0-%d0%ba%d0%be%d0%bd%d1%84%d0%b5%d1%80%d0%b5%d0%bd%d1%86%d0%b8%d1%98%d0%b0-%d0%b2%d0%be-%d1%82%d0%b8%d1%80/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25bc%25d0%25b0%25d1%2580%25d0%25b8%25d1%2598%25d0%25b0-%25d0%25b1%25d0%25b0%25d1%2588%25d0%25b5%25d1%2581%25d0%25ba%25d0%25b0-%25d0%25bd%25d0%25b0-%25d0%25ba%25d0%25be%25d0%25bd%25d1%2584%25d0%25b5%25d1%2580%25d0%25b5%25d0%25bd%25d1%2586%25d0%25b8%25d1%2598%25d0%25b0-%25d0%25b2%25d0%25be-%25d1%2582%25d0%25b8%25d1%2580 Tue, 04 Nov 2025 11:07:58 +0000 https://www.financethink.mk/%d0%bc%d0%b0%d1%80%d0%b8%d1%98%d0%b0-%d0%b1%d0%b0%d1%88%d0%b5%d1%81%d0%ba%d0%b0-%d0%bd%d0%b0-%d0%ba%d0%be%d0%bd%d1%84%d0%b5%d1%80%d0%b5%d0%bd%d1%86%d0%b8%d1%98%d0%b0-%d0%b2%d0%be-%d1%82%d0%b8%d1%80/ Our colleague Marija Basheska is participating in the conference “Structural Changes in the Western Balkans Region”, held from October 27 to 29 in Tirana, organized by the Aspen Institute Germany. The conference brings together experts, researchers, and policymakers from across the region and Europe to discuss structural transformations in the areas of the labour market, […]

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]]> 🔛 Our colleague Marija Basheska is participating in the conference “Structural Changes in the Western Balkans Region”, held from October 27 to 29 in Tirana, organized by the Aspen Institute Germany.

The conference brings together experts, researchers, and policymakers from across the region and Europe to discuss structural transformations in the areas of the labour market, digitalization, energy, and migration in the Western Balkans.

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]]> Meeting of the WEBecon Network in Podgorica https://www.financethink.mk/en/%d1%81%d1%80%d0%b5%d0%b4%d0%b1%d0%b0-%d0%bd%d0%b0-%d0%bc%d1%80%d0%b5%d0%b6%d0%b0%d1%82%d0%b0-webecon-network-%d0%b2%d0%be-%d0%bf%d0%be%d0%b4%d0%b3%d0%be%d1%80%d0%b8%d1%86%d0%b0/?utm_source=rss&utm_medium=rss&utm_campaign=%25d1%2581%25d1%2580%25d0%25b5%25d0%25b4%25d0%25b1%25d0%25b0-%25d0%25bd%25d0%25b0-%25d0%25bc%25d1%2580%25d0%25b5%25d0%25b6%25d0%25b0%25d1%2582%25d0%25b0-webecon-network-%25d0%25b2%25d0%25be-%25d0%25bf%25d0%25be%25d0%25b4%25d0%25b3%25d0%25be%25d1%2580%25d0%25b8%25d1%2586%25d0%25b0 Tue, 04 Nov 2025 11:01:26 +0000 https://www.financethink.mk/%d1%81%d1%80%d0%b5%d0%b4%d0%b1%d0%b0-%d0%bd%d0%b0-%d0%bc%d1%80%d0%b5%d0%b6%d0%b0%d1%82%d0%b0-webecon-network-%d0%b2%d0%be-%d0%bf%d0%be%d0%b4%d0%b3%d0%be%d1%80%d0%b8%d1%86%d0%b0/ Meeting of the WEBecon Network held within the World Bank’s Second Macro-Peer Learning Event On the margins of the event, the Network gathered to discuss ongoing activities, future directions, and opportunities to strengthen regional economic cooperation. WEBecon continues to build its role as a platform for research, analysis, and regional cooperation, with a shared vision […]

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🤝 Meeting of the WEBecon Network held within the World Bank’s Second Macro-Peer Learning Event
On the margins of the event, the Network gathered to discuss ongoing activities, future directions, and opportunities to strengthen regional economic cooperation.
WEBecon continues to build its role as a platform for research, analysis, and regional cooperation, with a shared vision – a Western Balkans that is a better place to live, work, and prosper.

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]]> ChatGPT said: Meeting with representatives from institutions, experts, and the business community https://www.financethink.mk/en/%d1%81%d1%80%d0%b5%d0%b4%d0%b1%d0%b0-%d1%81%d0%be-%d0%bf%d1%80%d0%b5%d1%82%d1%81%d1%82%d0%b0%d0%b2%d0%bd%d0%b8%d1%86%d0%b8-%d0%be%d0%b4-%d0%b8%d0%bd%d1%81%d1%82%d0%b8%d1%82%d1%83%d1%86%d0%b8%d0%b8/?utm_source=rss&utm_medium=rss&utm_campaign=%25d1%2581%25d1%2580%25d0%25b5%25d0%25b4%25d0%25b1%25d0%25b0-%25d1%2581%25d0%25be-%25d0%25bf%25d1%2580%25d0%25b5%25d1%2582%25d1%2581%25d1%2582%25d0%25b0%25d0%25b2%25d0%25bd%25d0%25b8%25d1%2586%25d0%25b8-%25d0%25be%25d0%25b4-%25d0%25b8%25d0%25bd%25d1%2581%25d1%2582%25d0%25b8%25d1%2582%25d1%2583%25d1%2586%25d0%25b8%25d0%25b8 Wed, 15 Oct 2025 17:09:05 +0000 https://www.financethink.mk/%d1%81%d1%80%d0%b5%d0%b4%d0%b1%d0%b0-%d1%81%d0%be-%d0%bf%d1%80%d0%b5%d1%82%d1%81%d1%82%d0%b0%d0%b2%d0%bd%d0%b8%d1%86%d0%b8-%d0%be%d0%b4-%d0%b8%d0%bd%d1%81%d1%82%d0%b8%d1%82%d1%83%d1%86%d0%b8%d0%b8/ Finance Think organized a meeting with representatives from public institutions, experts, and the business community on the topic “Just Energy Transition: What Are the Benefits and What Are the Risks.” Key conclusions: Economic benefits through savings in household electricity costs and increased competitiveness of companies. Cleaner and healthier environment through greater use of renewable energy […]

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Finance Think organized a meeting with representatives from public institutions, experts, and the business community on the topic “Just Energy Transition: What Are the Benefits and What Are the Risks.”

Key conclusions:

  • Economic benefits through savings in household electricity costs and increased competitiveness of companies.

  • Cleaner and healthier environment through greater use of renewable energy sources.

  • Coordination and commitment in policy implementation are crucial for a successful and fair transition.

Supported by: OSF Western Balkans, Open Society Foundations, and Instituti GAP.

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]]> In an interview for Sloboden Pechat, Blagica Petreski discusses current economic issues https://www.financethink.mk/en/%d0%b2%d0%be-%d0%b8%d0%bd%d1%82%d0%b5%d1%80%d0%b2%d1%98%d1%83-%d0%b7%d0%b0-sloboden-pecat-%d0%bd%d0%b0%d1%88%d0%b0%d1%82%d0%b0-%d0%b1%d0%bb%d0%b0%d0%b3%d0%b8%d1%86%d0%b0-%d0%bf%d0%b5%d1%82%d1%80/?utm_source=rss&utm_medium=rss&utm_campaign=%25d0%25b2%25d0%25be-%25d0%25b8%25d0%25bd%25d1%2582%25d0%25b5%25d1%2580%25d0%25b2%25d1%2598%25d1%2583-%25d0%25b7%25d0%25b0-sloboden-pecat-%25d0%25bd%25d0%25b0%25d1%2588%25d0%25b0%25d1%2582%25d0%25b0-%25d0%25b1%25d0%25bb%25d0%25b0%25d0%25b3%25d0%25b8%25d1%2586%25d0%25b0-%25d0%25bf%25d0%25b5%25d1%2582%25d1%2580 Sun, 12 Oct 2025 09:22:29 +0000 https://www.financethink.mk/%d0%b2%d0%be-%d0%b8%d0%bd%d1%82%d0%b5%d1%80%d0%b2%d1%98%d1%83-%d0%b7%d0%b0-sloboden-pecat-%d0%bd%d0%b0%d1%88%d0%b0%d1%82%d0%b0-%d0%b1%d0%bb%d0%b0%d0%b3%d0%b8%d1%86%d0%b0-%d0%bf%d0%b5%d1%82%d1%80/ It cannot be said that larger “municipalities always have greater capacity – there are also examples of small municipalities with good planning and discipline. The main problem is often the internal capacity for planning and phased implementation, as many municipalities start numerous projects but do not complete them. Link

The post In an interview for Sloboden Pechat, Blagica Petreski discusses current economic issues first appeared on Finance Think.

The post In an interview for Sloboden Pechat, Blagica Petreski discusses current economic issues appeared first on Finance Think.

]]> ⚠ It cannot be said that larger “municipalities always have greater capacity – there are also examples of small municipalities with good planning and discipline. The main problem is often the internal capacity for planning and phased implementation, as many municipalities start numerous projects but do not complete them.

Link

The post In an interview for Sloboden Pechat, Blagica Petreski discusses current economic issues first appeared on Finance Think.

The post In an interview for Sloboden Pechat, Blagica Petreski discusses current economic issues appeared first on Finance Think.

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