Source link : https://europ.info/2025/11/06/assessing-bosnia-and-herzegovinas-reform-agenda-for-private-sector-development-oecd/
Bosnia and Herzegovina stands at a pivotal crossroads as it seeks to revitalize its economy and strengthen the role of the private sector. In a recent report, the Organisation for Economic Co-operation and Development (OECD) has provided a comprehensive assessment of the country’s reform agenda aimed at boosting private sector development. The analysis highlights both the progress made and the persistent challenges facing Bosnia and Herzegovina on its path toward economic modernization and increased competitiveness. This article delves into the key findings of the OECD’s evaluation, exploring the implications for government policy, business climate, and future growth prospects.
Bosnia and Herzegovina’s Private Sector Reform Challenges Examined by OECD
The Organisation for Economic Co-operation and Development (OECD) has conducted a comprehensive analysis highlighting key obstacles in Bosnia and Herzegovina’s private sector development. Despite promising potential, the report points to systemic issues such as regulatory complexity, fragmented institutional frameworks, and limited access to finance that continue to impede entrepreneurial dynamism. The OECD underscores the urgent need to streamline business registration processes, enhance the ease of obtaining permits, and increase transparency in public procurement practices to foster a more competitive environment.
Critical recommendations include strengthening collaboration between state and entity…
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Author : Sophia Davis
Publish date : 2025-11-06 11:25:00
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