01826cas a2200241 a 4500 AALejournalIMF006246 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451826166 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Former Yugoslav Republic of Macedonia : Staff Report for the 2009 Article IV Consultation; Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Former Yugoslav Republic of Macedonia. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (63 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 This 2009 Article IV Consultation highlights that the Former Yugoslav Republic of Macedonia's vulnerability at the outset of the global crisis was its large current account deficit in the context of the exchange rate peg to the euro. At the same time, it benefited from a small fiscal deficit, modest public debt, and significant international reserve buffers. Executive Directors have praised the Macedonian authorities for the conduct of macroeconomic policies, which contributed to a modest downturn in Macedonia's economy relative to other countries in the region. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/019 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/019/002.2010.issue-019-en.xml IMF e-Library