CONTEMPORARY APPROACHES IN THE ANALYSIS OF ECONOMIC PERFORMANCES
PUBLIC DEBT RISK MANAGING IN THE REPUBLIC OF MACEDONIA
Blagoj Gorgievski, Magdalena Stankovska
Abstract: The main objective of public debt risk management is to ensure that the government’s financing needs and its payment obligations are met at the lowest possible cost over the medium to long run, consistent with a prudent degree of risk.A primary and fundamental question to debt managers is really the one related to what would be the composition and profile of the debt that the government should pursue. Republic of Macedonia must take into account the principles of portfolio management and its compliance with macroeconomic policy and restricting and eliminating the impact of risks to the sustainability of public debt in the medium and long term. Owing to there is a need to intensify the work of the strategy for managing the risk of public debt to a sustainable manner in the medium and long term.
Keywords: public, debt, risk, management
Published: p. 275-284
PDF
