Investor Presentaiton
Options for interventions (1/2)
COORDINATION AND TRANSPARENCY
Limited readiness of authorities to coordinate
crisis response efforts.
Lack of confidence in government response and
absence of dialogue with business community was
frequently reported in focus groups.
Different interpretations of measures among
the business community.
Coordination and transparent communication of
fiscal and economic measures by below state level
government is required.
•
•
•
FINANCIAL SUPPORT
Mid-term and long-term access to credit
remains a challenge for the business sector.
Decreased creditworthiness due to COVID-19
will pose a challenge for firms in terms of
accessing finance.
The market would warmly welcome additional
liquidity offered via relief programmes and
packages introduced by international financial
institutions on various levels.
Option of entity loan guarantees funds would
facilitate firms' access to finance in the near
future.
•
PROVIDING LIQUDITY
All key sectors, will experience loss of
turnover in the 3-month period. 43% of
SMES will be forced to cease operations
completely.
Key vulnerability factor is inadequate level
of financial liquidity (34.23%).
Mayor items for company liquidity are
and social security contributions.
-
VAT
•
•
FLEXIBLE WORK OPTIONS
Large portion of firms whose business doesn't
require direct contact succeeded in employing
flexible work and work from home options
during the pandemic.
Hence, employment practices related to flexible
work options can be further stipulated in
employment regulation in order to boost in-
country employment in sectors which
traditionally have not used these options due to
myriad of reasons, incl. lack of adequate
regulations.
12View entire presentation