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.”