SARAJEVO, Bosnia (December 5,2008) - The latest study from the World Bank has confirmed the ongoing trend of growth in the Bosnian private sector, but it has also identified serious structural and operating limitations including problems with financial solvency, lacking availability of capital and an inadequate solution of the working status of one part of employees.
In the study assessing the investment climate in Bosnia, the problem of ineffective administration that creates business bottlenecks, and the lack of fast market mechanisms that would make troubled companies undergo restructuring or shut down are identified. The study was introduced today at a roundtable in the Bosnian capital Sarajevo.
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Friday, December 5, 2008
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