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Slovenia Business Week no. 45: Government Adopts Blueprint for Structural Reforms

According to Prime Minister Janez Jansa, the government will now begin drafting relevant legislation for the gradual implementation of individual measures, with the most hotly-debated measures in the tax field to take effect in 2007

The cabinet adopted the blueprint for structural reforms at its session on Thursday, 3 November, the prime minister's office said. Among the envisaged measures is the establishment of a government reform office, which would be headed by a minister without portfolio.

The framework includes measures from the Development Strategy that the government adopted back in June, the aim of which is to increase overall prosperity in Slovenia and make the country more competitive globally.

According to Prime Minister Janez Jansa, the government will now begin drafting relevant legislation for the gradual implementation of individual measures, with the most hotly-debated measures in the tax field to take effect in 2007.

Finance Minister Andrej Bajuk, whose ministry will have to draw up about 40% of all the planned measures, has thrown his weight behind the reforms, saying that they have "full support". "This is the right path not only for Slovenia, but also for the EU," he stressed.

He noted that the tax reforms, which form an integral part of the proposal, will be implemented only under certain conditions. Most notably, the flat tax will be combined with measures to ensure social sustainability, lift the tax burden off labour and eliminate the payroll tax.

Source: Slovene Press Agency STA

Author: STA