BRATISLAVA, January 16, (WEBNOVINY) — Vice President of the Federation of Employers‘ Associations of the Slovak Republic (AZZZ), Rastistav Machunka said following the meeting of social partners at the Economic and Social Council that employers believe that Slovakia should quicken up the pace of improvement of the business environment. “We should fundamentally radicalize measures so that the future government would consider it its duty to go ahead with improvements of the business environment as a key instrument to improve the social and economic situation of citizens,“ he said. Machunka opines that Slovakia’s competitiveness has weakened over the recent period considering other countries‘ improvement in conditions for business.
AZZZ Vice President believes that tax and levy reform is one of the crucial factors of refinement of the business environment. “Many statements issued prior to upcoming elections indicate that there is certain ambition to increase labor taxation which we perceive negatively,” warned Machunka. He considers it necessary to boost effectiveness of the state and public administration, fight against corruption, ensure effective spending and a stable legislative environment. “Constant changes to laws worsen transparency and position of businessmen,” he said.
Economy Minster Juraj Miskov, who has submitted the material on the business environment in Slovakia, underscored that the current government made an essential step towards improvement of the business environment when it passed a proposal of the government policy, so-called Singapore Program, in July of last year. “Unfortunately, we will not manage to deal with some 200 measures that the Cabinet was supposed deal with this year with regard to the early elections,” he stated.
As the report on the condition of the business environment in Slovakia states, the country slipped down in charts evaluating the business environment released by the World Bank and the World Economic Forum. “Worse evaluation chiefly results from improved indicators in other evaluated countries as well as the change in evaluation methodology,” states the material.
SITA