Corruption and Bureucracy
Political corruption is one of the more acute problems in Bosnia and Herzegovina, and the main one that accounts for low amount of tax money used for the population, due to government inefficiency and corruption, especially at the lowest levels. Bosnia-Herzegovina is also lacking a good E-governance structure to allow easier investment and business climate. Today it takes between 3–5 weeks to register a company in the country.
Bosnia has been preparing for an era of declining international assistance. Bosnia's most immediate task remains economic revitalization to create jobs and income.
Read more about this topic: Economy Of Bosnia And Herzegovina
Famous quotes containing the words corruption and and/or corruption:
“Every clique is a refuge for incompetence. It fosters corruption and disloyalty, it begets cowardice, and consequently is a burden upon and a drawback to the progress of the country. Its instincts and actions are those of the pack.”
—Madame Chiang Kai-Shek (b. 1898)
“Obscenity, which is ever blasphemy against the divine beauty in life,... is a monster for which the corruption of society forever brings forth new food, which it devours in secret.”
—Percy Bysshe Shelley (1792–1822)