Key Figures

Chief of State:
President Gjorge Ivanov
Head of Government:
Prime Minister Zoran Zaev

Overview

Government Name:
Republic of Macedonia
Constitution:
Adopted: 1991; established a parliamentary representative democratic republic, separated three branches with judicial being independent of government, judicial review of legislative acts, guarantees democratic civil freedom
Government Type:
Parliamentary Democracy
Republic of Macedonia Flag
Coat of Arms of Republic of Macedonia

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

B
Political and economic uncertainties and an occasionally difficult business environment can affect corporate payment behavior. Corporate default probability is appreciable. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president is commander-in-chief of armed forces, makes diplomatic appointments and grants pardons. The prime minister proposes laws and controls the diplomatic policy to be adopted by the legislature.

The president is elected by an absolute majority vote through a two-round system. The prime minister is elected by parliament.

5 years

Judicial

The Supreme Court is the highest court of the land. The Constitutional Court decides on issues regarding the constitution.

Supreme Court judges nominated by the Judicial Council and appointed by the Assembly. Constitutional Court judges appointed by the legislature.

Supreme Court: information not available; Constitutional Court: 9 years

Legislative

Creates policies and laws on advice from the executive branch, approves appointed officials.

120 members elected through a closed-list proportional representation system.

4 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Finance
Tax Name:
VAT

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/