Macedonia makes early repayment to World Bank

Well done to FRYMacedonia. It is sound economic policy to get the monkey off your back as soon as possible. Future finance should be raised from private capital sources because it comes with less political strings. This goes for all smaller countries. The World Bank and IMP are Cold War dinosaur institutions and will fade away if countries avoid using them in future.

Well done to FRYMacedonia. It is sound economic policy to get the monkey off your back as soon as possible. Future finance should be raised from private capital sources because it comes with less political strings. This goes for all smaller countries. The World Bank and IMP are Cold War dinosaur institutions and will fade away if countries avoid using them in future.