The World Bank has expressed readiness to support Macedonia's development policy with US$ 100 million towards enhancement of competitiveness and support of reforms in economy, health, education and social affairs.

World Bank and IMF representatives, which Vice Premier and Finance Minister Zoran Stavreski met in Washington, saluted the timely Budget review in line with current developments of Europe's debt crisis, thus assisting Macedonia's economy, the Finance Ministry said in a press release.

Moreover, the WB/IMF officials stressed that the favorable conditions under which Deutsche Bank has approved a EUR 250 million loan for Macedonia represent a confirmation of the good image that the country has at the international capital market.

In the framework of the WB/IMF Spring Meetings in Washington, FinMin Stavreski met with IMF Executive Director Menno Snel, WB Vice President Philippe Le Houerou and country director Jane Armitage, reads the press release.