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CONTENTS

Table 1: Republic of Macedonia - Basic Macroeconomic Indicators  
Table 2: Basic Macroeconomic Indicators in the Selected Transitional Economies  
Table 3: Gross Domestic Product (real growth rates)
 
Table 4: GDP (Expenditure approach)  
Table 5: GDP (Production approach)  
Table 6: Basic short-term macroeconomic trends  
Gross Domestic Products  
Prices  
Foreign Trade  
Short term economic developments in the Republic of Macedonia (February 2005)  
External debt of the Republic of Macedonia  
Table 7: Revenues and Expenditures of the Central Budget of the Republic of Macedonia (According to the GFS methodology)  
Table 8: Budget - Central Government  
Table 9: Functional classification of Central Budget expenditures  
Table 10: Balance of Payment of the Republic of Macedonia  
Treasury bills – basic features  
Table 11: Pension and Disability Insurance Fund  
Table 12: Health Insurance Fund  
Table 13: Employment Fund  
Table 14: Road Fund  
Macedonian Stock Exchange – February 2005  
Table 15: Macedonian Stock Exchange - Report on Trading, 01.02– 28.02.2005  
Money and Short-term Securities Market  
Deposits of physical persons at the banks and savings houses  
Interest rates on denar and foreign exchange deposits at the commercial banks in the Republic of Macedonia  
Information on credit lines for small and medium- size enterprises  

ARTICLES
--- In Brief  
Finance & Development Dollarization: Controlling Risk is Key  
Prof. Mihail Petkovski, Ph.D. Criteria for Rating Corporate Bonds and Local Government Bonds  
Maja Bogdanovska New System of Financial Control in the Health Insurance Fund of the Republic of Macedonia  
Maja Parnargieva Public Det Management - New Challenge to Macedonia  
Radica Koceva Nature of IMF and it Role in the Fund-supported programs through the prism of cooperation with the Republic of Macedonia  
Aneta Trickovska & Lila Dimitrovska Significance of the New Basel Capital Accord - Basel 2