Prime Minister Hristijan Mickoski stated that real net wages are showing growth, asserting that the current results represent a significant improvement—three to fourfold, according to his statements—compared to the economic conditions during the tenure of the SDSM. He emphasized that economic comparisons must be grounded in specific quantitative indicators rather than subjective feelings. Mickoski presented comparative data, noting that if one compares the current situation to the period governed by the SDSM and the Democratic Union for Integration, where real net wages were reportedly negative and wage growth exceeded 12%, the figures have since adjusted.
He projected that in 2025, the real net wage will approach 6%, and he anticipates that by 2026, the real net wage will move into positive territory. While acknowledging the progress, Mickoski cautioned that the current level is insufficient and requires further effort. He stressed that any analysis of economic recovery must account for multiple financial variables, including the prevailing interest rate environment and the stability of deposits.
He added that policymakers must also consider the existing obligations and financial commitments of various sectors. Therefore, he suggested that monitoring key indicators, such as the consumer price rate and the performance of the banking sector, is crucial for sustainable economic improvement.
Topics: #rate #interest #deposits
