On July 4, 2026, the SDSM issued a statement asserting that the nation of Macedonia is experiencing a significant economic crisis. The party attributed the current economic and political instability to the governing coalition, specifically naming Hristijan Mickoski’s party, VMRO, and ZNAM. SDSM indicated that current indicators suggest preparations for early elections.
According to the statement, the economy is described as being in a state of decline. Key economic concerns highlighted include inflation eroding wages and the continued rise in the prices of essential goods, coupled with no increase to the minimum wage. Furthermore, the SDSM pointed to a substantial increase in public debt, which has surpassed 2.5 billion euros over the last two years, while simultaneously noting that the national budget is depleted.
The statement also addressed fiscal concerns regarding tax revenues, asserting that available funds are insufficient for necessary tax revenues and for public tenders, particularly those allegedly benefiting organized criminal groups. Conversely, the SDSM claimed that sufficient funds remain for the personal and familial expenditures of certain groups. The party’s remarks position the current administration as responsible for the precarious economic situation facing the country.
Topics: #sdsm #macedonia #country
