The Government of RS stated in the suggested economy policy of that B&H entity that a slight increase in net wage by only nine BAM is expected in next year, from 833 BAM to the planned 842 BAM, without planned growth of incomes in public sector.
In the suggested economic policy for 2016, which is to be considered today by the delegates of the National Assembly of RS, the entity government expects the continuation of the economic growth with an increase in GDP by 2.4 percent.
The projected coverage of export with import would amount to around 57.4 and, according to estimations by the Ministry of Finance of RS, the share of public debt in the GDP in 2016 will amount to 48.5 percent of GDP.
According to this economy policy, the reform areas are projected with the aim of ensuring stable economic growth, fiscal sustainability, social security, the rule of law, and European integration.
“The activities that will mark the coming year in order to achieve stable economic growth are based on the recovery of economy and improvement of business environment which are intended to be achieved through reduction in tax burden of labor, by passing the new Labor Law, with the Employment Strategy for the period 2016-2020, with the Law on Encouraging Employment, the continuation of privatization process, new accelerated bankruptcy proceedings, the establishment and development of business zones in RS, and other things,” the document states.
(Source: novovrijeme.ba)
