PSMAL ⅱ (Publishedz Setor Management Adjustment Loan). Finally, in August 2005 A three-year stand-by arrangement with the IMF for encouraging judicial reforms, labor market, public finances and the financial sector is concluded. In the same year, Macedonia concludes two arrangement with the World Bank – the so-called. BERIS (Berisinis Environment Reform and Institute Strenghatment Project) and PDPL (Programmatitz Development Polits Lann), intended for supporting institutional and structural reforms. Cooperation with the IMF and the World Bank is important for Macedonia for several reasons: for replacement of old debts inherited from SFRY with new, approved under more favorable conditions; to solve balance of balance of problems; as a basis for access to other sources of funding; In support of economic and institutional reforms, and for the transfer of knowledge by using technical assistance from these institutions. Lit.: Ljupco Trpeski, Money and Banking, Economic Press, Skopje, 2003, 680-716; Kiki Mangova Ponjvic, Vanco Kargov, 60 years Central Banking in the Republic of Macedonia, National Bank of the Republic of Macedonia, Skopje, 2006. Mr. P.
Original article in Macedonian language Cyrillic alphabet
Кириличен напис ПСМАЛ Ⅱ