Skopje, 5 August 2024 (MIA) – Amid global uncertainty, monetary policy contributes with its measures to maintaining stability of the macroeconomic surrounding in the country. The National Bank plays a vital role in maintaining macroeconomic stability, especially through its efforts to tackle successive crises in the past four years and the institution enjoys high public trust even in times of crises and turmoil, it was emphasized at a meeting of National Bank Governor Anita Angelovska – Bezhoska with U.S. Ambassador Angela Aggeler. 

It was jointly concluded that professionalism, expertise and dedication have always been highly synonymous when it comes to the National Bank, it said in a press release Monday.

The importance of strong and credible institutions was highlighted in the meeting, most notably in crises, which require measures to be taken to support the economy.  

“With the help of the policies of the central bank, inflation dropped to one figure rate, whereas foreign currency exchange increased by 40 percent as regards the pre-crisis period. The banking system is stable, well capitalized providing support for the citizens and companies,” said Angelovska – Bezhoska.

One of the topics that were discussed included the current monetary policy, which has been positioned well, however, it was noted, it is necessary to monitor inflation trends carefully and to be cautious further involving the implementation of macroeconomic policies. 

Governor Angelovska – Bezhoska expressed gratitude for the support of the country by the United States in improving the capacities and strengthening the role of institutions in the country.

The central bank governor and the ambassador discussed ways to further strengthen cooperation and partnership so as to secure a sustainable and inclusive growth of our country, said the press release. 

Photo: National Bank