SARAJEVO, Bosnia (February 20,2008) - The World Bank’s office in Bosnia has reported that it considers the implementation of a business reform programme through its credit line a success.
Its second tranche, worth USD 32 million, has been paid to the country’s implementation offices.The World Bank is especially happy with the e-business registration progress.
Head of the World Bank Office in Bosnia Marco Mantovanelli said that Bosnia is making progress towards a new strategy of the partnership. The business registration time at the country’s five busiest courts has been reduced to average 8,5 days. It now takes average 29 days to start a business in Bosnia, whereas in 2002 it took 80 days.
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Wednesday, February 20, 2008
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