The country spends more than it has

In the last three years, Macedonia reached debt of billion euros, while gross external debt reached 66.7 percent of GDP.
Budget deficit of Macedonia for the period of January-March was 4.2 billion or 0.9 percent of GDP. It is a consequence of the realized revenues totaling 31.8 billion MKD and expenditures budget totaling 36.33 billion MKD.

Source: Parliamentary debate on re-balancing the budget of RM

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