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Standard & Poor: Slovenia would hike its rating "if progress on privatization were to reduce the government's role in the economy significantly"

Standard & Poor’s tells Slovenia it would hike its rating “if progress on privatization were to reduce the government's role in the economy significantly, containing contingent liabilities and further contributing to public debt reduction.” The rating company recognizes that “political disagreements could also interfere in planned privatizations in Slovenia as shown in recent discussions on the privatization of the country's largest lender, NLB.”

Source: www.sloveniatimes.com

The Bank of Slovenia has urged the cutting red tape and enhancing privatization

The Bank of Slovenia has urged the government to pursue structural reforms, including cutting red tape and enhancing privatization. “The central bank said a reform of public administration was needed to attract more foreign investment and more investment in research and development would improve productivity. It also called for more privatization while urging state-owned firms to improve their management. Slovenia has been reluctant to sell major state-owned companies and banks so the government still controls about 50 percent of the economy.”

Source: U.S.

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CSOs as equal partners in monitoring public finance

CSOs as equal partners in monitoring public finance started from 2016 with the aim to improve accountability and transparency of the public finance in targeted countries and strengthen Civil Society Organisations’ (CSOs) role and voice in monitoring the institutions’ performance in that area. Key project activities are research and monitoring, advocacy, capacity building and transfer of knowledge/practices and networking in the field of the 4 specific topics: • public debt, • public-private partnerships, • tax equity and • infrastructure projects. More about the project and our work can be found here: https://www.facebook.com/BalkanMonitoringPublicFinance/