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IMF will no longer post Resident Representative to Macedonia as of August

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The International Monetary Fund (IMF) will no longer post a Resident Representative to the Republic of Macedonia from the second half of August 2016 once the term of the current representative, Patrick Gitton, concludes.

However, the IMF’s local office in Skopje will be maintained to ensure a strong presence and communication flow between the IMF and the country. In making the decision, the IMF considered that stronger field representation had become less necessary in the absence of an IMF program with Macedonia, Gitton said in a press statement.

Going forwards, the IMF’s fundamental missions of surveillance of macroeconomic developments and policies, as well as the provision of technical assistance, will be maintained. IMF staff teams will continue to regularly visit Skopje for discussions with authorities and civil society representatives.