01787cas a2200241 a 4500 AALejournalIMF002763 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451826074 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Former Yugoslav Republic of Macedonia : First Review Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (76 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Macedonia's macroeconomic stabilization program continues to rest on the basis of fiscal and monetary policies, and has restored the fiscal balance to a sustainable level after two years of high deficits. Further structural measures are important to address impediments to growth and to reduce unemployment. Reforms are necessary to strengthen the investment climate by creating a predictable business environment, implementing judicial reforms, and addressing governance problems. The financial system stability assessment acknowledged the authorities' efforts to improve the soundness of the banking system and to address remaining vulnerabilities. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/354 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/354/002.2003.issue-354-en.xml IMF e-Library