.

. -

. : 131/

. -

2011
1

 :
1. .................................................................................................................3
2.
2.1

4
2.2 20062008..6
2.3

11
2.4

....................................12
3. .............................................................................................................14
4. ......................................................................................15

1. :

.
.
,
. (1984 ),

. ,
.
.
,

.

20
.

2. :
2.1

.
, , ,
.

. ,
.
2000 . 21, 4 % 2003
19,9 %
.
, ,
( ),

. 70-
,

22% .
,
-

.
. 80 ,
,
4

 , . , 1982
1,1 ,
, ,
32% .
1994 ,

, ,
,
-

,
.
,
,
, ,

, , , , , .

,
,

5,4% .

2.2 2006-2008
2006
2.315
, a
.
, ,

2006 .


(%)

80,3

12,7

3,5

3,5

:
-

30,04% ;

33,37% (
, );

36,14% .

.
:

();

();

();

();
-

();

();

.
:
- - ;
- ;
-
- ,
;
-
;
- ;
- 10;
- ;
-
, , , , .

( , ),
,
.
IBRD, IDA, EIB, CEB, IFAD, EU, EUROFIMA EBRD.
.

.. (Brady Bond).
( )
7

2000

2001

2002

2003

2004

2005*

1,427.74 1,393.98 1,267.56 1,178.91 1,178.10 1,228.02

1153.87

1191.9

1088.95

1005.54

992.69

1043.72

585.84

596.92

617.93

659.55

731.31

543.32

IBRD

128.69

134.28

125

122.7

137.8

173.88

CEDB

7.49

6.42

13.91

13.91

16.91

19.98

EIB

70.09

82.23

95.71

91.22

103.84

112.12

IFAD

3.3

4.6

4.99

5.41

7.9

10.86

IDA

268.6

289.64

283.83

286.41

285.26

290.63

EBRD

11.08

8.94

6.38

8.28

17.84

33.84

EUROFIMA

14.07

9.73

5.1

EU

40

50

62

90

90

90

338.98

308.68

248.2

192.71

161.89

148.95

255.31

217.79

175.12

135.03

111.77

94.58

10.08

8.74

7.59

6.63

6.63

35.84

27.5

14.41

51.55

44.97

36.84

35.68

36.49

47.74

271.57

297.38

243.83

194.9

171.25

163.46

271.57

296.85

243.49

194.71

171.16

163.46

0.53

0.34

0.19

0.09

80.33

64.66

54.7

45.97

36.86

95

11.42

20.7

2000

87.66

87.66

186.21

80.33

64.66

54.7

45.97

36.86

121.75

113.95

118.67

139.44

147.44

44.96

32.77

37.81

44.91

55.05

108.7

IBRD

3.33

6.69

14.56

22.05

26.57

26.37

EUROFIMA

3.85

6.18

6.37

6.12

6.13

6.13

EIB

4.09

3.12

2.28

1.45

4.97

10.53

EBRD

49.07

28.97

9.56

8.19

7.24

12.02

IFC

48.36

8.6

5.82

14.77

14.03

18.81

16.72

70.97

66.41

66.83

75.72

75.67

119.12

124.54

126.18

134.64

166

68.91

128.75

: * 31.12.2005
,

150 10
. ,

(

).


, .

 593 ,
4.625%.
30.09.2005
.

19%

13%

68%

IDA

36%

IBRD

24%

EIB

15%

EU

11%

EBRD

6%

IMF

4%

CEDB

2%

IFAD

1%

EUROFIMA

1%

10

12%

3%

85%

31.12.2005 .
2.3


( . .62/2005) 2005 .
,
,
.
7,9 % .



.
1999 30.09.2005 .
30.09.2005 ,
149,7 .
,
, .
-(
)
11

1999

2000

2001

2002

2003

2004

30/09/2005

98.38

104.2

94.27

104.5 110.33 120.94

125.94

23.18

24.55

24.85

20.04

23.71

15.85

13.7

.
30.09.2005 70 (1,14
). ,
99% ,
1%, 30.09.2005 .
2.4



.

. :
-

,


;

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;
12

(crowding out effect)

;

.

, .
.

13

3.
,

.
,

.
,
,
.
,


.

14

4. :
- , ,
, 2008
. , , : ,
, , 2008
2006 2008
()
()
()


()
()
-

()


www.finance.gov.mk

15

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