Development bank "by next elections"
An adviser to the prime minister has said that the country could have a development bank ready "by the next parliamentary election, in April 2012".
Thursday, 25.08.2011.
13:48
An adviser to the prime minister has said that the country could have a development bank ready "by the next parliamentary election, in April 2012". Jurij Bajec explained that this would allow domestic companies to receive more favorable loans compared to those taken out from commercial banks. Development bank "by next elections" A draft law on the development bank has already been completed, Bajec noted, adding that there were still some issues to settle within the government coalition. During a Tanjug roundtable on the new wave of the global economic crisis, Bajec pointed out there were no obstacles to adopting the development bank bill next autumn. The benefits for the economy would be immeasurable, because commercial banks have high interest rates, which is one of the things preventing higher economic activity, he remarked.
Development bank "by next elections"
A draft law on the development bank has already been completed, Bajec noted, adding that there were still some issues to settle within the government coalition.During a Tanjug roundtable on the new wave of the global economic crisis, Bajec pointed out there were no obstacles to adopting the development bank bill next autumn.
The benefits for the economy would be immeasurable, because commercial banks have high interest rates, which is one of the things preventing higher economic activity, he remarked.
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