Foundations for Economic Relations
Foundations for Economic Relations- Constitution of Macedonia
4. Foundations for economic relations
The freedom of the market and entrepreneurship is guaranteed.
The Republic ensures an equal legal position to all parties in the market. The Republic takes measures against monopolistic positions and monopolistic conduct on the market.
The freedom of the market and entrepreneurship can be restricted by law only for reasons of the defence of the Republic, protection of the natural and living environment or public health.
All the natural resources of the Republic of Macedonia, the flora and fauna, amenities in common use, as well as the objects and buildings of particular cultural and historical value determined by law, are amenities of common interest for the Republic and enjoy particular protection.
The Republic guarantees the protection, promotion and enhancement of the historical and artistic heritage of the Macedonian people and of the nationalities and the treasures of which it is composed, regardless of their legal status. The law regulates the mode and conditions under which specific items of general interest for the Republic can be ceded for use.
The Republic of Macedonia stimulates economic progress and provides for a more balanced spatial and regional development, as well as for the more rapid development of economically underdeveloped regions.
Ownership and labour form the basis for management and sharing in decision-making.
Participation in management and decision-making in public institutions and services is regulated by law, on the principles of expertise and competence.
Foreign investors are guaranteed the right to the free transfer of invested capital and profits.
The rights obtained on the basis of the capital invested may not be reduced by law or other regulations.
The National Bank of the Republic of Macedonia is a currency-issuing bank.
The National Bank is autonomous and responsible for the stability of the currency, monetary policy and for the general liquidity of payments in the Republic and abroad.
The organisation and work of the National Bank are regulated by law.
Constitution of Macedonia
|Basic Freedoms and Rights|
|Civil and Political Freedoms and Rights|
|Economic Social and Cultural Rights|
|Guarantees of Basic Freedoms and Rights|
|Foundations for Economic Relations|
|Organization of State Authority|
|Assembly of the Republic of Macedonia|
|President of the Republic of Macedonia|
|Government of the Republic of Macedonia|
|Public Prosecutors Office|
|Constitutional Court of The Republic of Macedonia|
|Local Self Government|
|Defence of the Republic and States of War and Emergency|
|Changes in the Constitution|
|Transitional and Final Clauses|
|Amendments To The Constitution of the Republic of Macedonia|
| Amendment XXXII