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Town’s present greater than 3,000 textile and garment enterprises, together with company annual output value of over 433 million yuan, extremely greater than 30 million business, the number of super-engaged 250,000 people, by 2002 the business output value of 24.eight billion, the town’s whole industrial output value over the same interval of the 38.forty five%.

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The nation suffers from different issues: an enormous casual financial system, skyrocketing consumer and enterprise indebtedness, ominous asset bubbles in each the stock trade and the actual property market, a crippled center class and crippling poverty and unemployment charges, an unmanageable and rising commerce deficit (c. 20% of GDP), and a whopping current account deficit offset solely by remittances from Macedonian employees abroad.

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