Categories: english

Dimitrieska-Koçoska: Implementation of stalled projects is accelerating

Gordana Dimitrieska-Koçoska said today that political will alone is not sufficient to implement strategic projects. According to the finance minister, a stable, long-term financial framework is also needed.

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She made the statement at the Government building ahead of the signing of agreements related to financing the construction of the Kriva Palanka–Deve Bair railway segment, which is part of Corridor 8.

The minister explained that the signed amendments to the financing agreements, together with the grant agreement, complete the financial structure needed for the full implementation of the project.

According to Dimitrieska-Koçoska, the document enables the implementation of one of the country’s most important infrastructure projects to proceed without obstacles. She stressed that the project will improve the connection between the Adriatic Sea and the Black Sea, deepen economic integration, facilitate the movement of people and goods, and open up new opportunities for the development of the economy and the entire region.

Funding for the third segment has been secured with the support of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD). The minister described these institutions as the country’s long-standing partners in development projects.

Dimitrieska-Koçoska also said that over the past two years, the Government has worked to accelerate the implementation of projects that had stalled, alongside the launch of new investments.

She announced that, through the 2026 Budget Revision, an additional 5.8 billion denars had been allocated for capital expenditures. This amount represents an increase of 14.3 percent compared with the funds initially planned.

In conclusion, the minister said that responsible management of public finances, securing funds for capital investments, and cooperation with international financial institutions lay the foundations for sustainable economic growth, greater competitiveness, and the country’s faster integration into European transport and economic flows.

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