AmCham Macedonia Fall 2014 (Issue 43) | Page 28

PAST EVENTS The IMF Resident Representative presented the vision of his institution on the situation and the outlook for the Macedonian economy. Mr. Gitton said that supportive macroeconomic policies have helped the country to weather relatively well the effects of the crisis, and that a key challenge is now to stimulate growth and employment while keeping a sustainable trajectory of public finances. He emphasized that an important part of his role is to collect feedback on business climate-related issues from the local business community. A number of concerns were raised by present members, particularly with respect to the impact of a highly conservative financial services sector on the ability of small and medium businesses to grow and export. Guests valued the networking opportunity as well as the insightful discussion of big picture topics that are not a part of their everyday routine, but inevitably impact their business performance. 28 Emerging Macedonia Fall 2014 Issue 43