Compact for Growth and Jobs

Compact for Growth and Jobs

Following the Conclusions of the EU Foreign Affairs Council published in April 2014, and their call for a broader EU-BiH agenda, the EUSR convened a major conference aimed at helping the economic recovery of Bosnia and Herzegovina on May 26 and 27, 2014.

The Forum for Prosperity and Jobs brought together representatives of government, business and workers, along with international and domestic economic experts and BiH citizens who have insights on running businesses and creating jobs. The conference proposed concrete and urgent measures that can tackle unemployment and corruption, restore the flow of investment into BiH jobs and make the social protection system fairer and more efficient.

The Forum was organised in cooperation with the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development and the Embassy of the United States of America.

These proposals have now been developed into a Compact for Growth and Jobs, a practical agenda recently presented to the BiH public, outlining the necessary  economic reform measures: Reduce taxation on work to make it less of a burden to employ new workers; Increase openness and competition in the labour market to make it easier for young people and unemployed people to find work – and to ensure hard work pays off; Slash the requirements for and time taken to start a business; Pass an improved insolvency framework so businesses can be restructured faster; Produce clear, public e-registers of procedures for licences and permits; Reduce the amount of privileged pensions, and raise social assistance for those who really need it.

The six priority reform measures should be implemented by the governments that emerge from the October 2014 general elections. They have been endorsed by the International Financial Institutions and the European Union, which are fully committed to help with their implementation and to provide financial assistance to alleviate their short-term effects

We invite you to share your thoughts on how to bring jobs, investment and prosperity to BiH. A Virtual Forum on Prosperity and Jobs in BiH is available on Facebook and Twitter.  Please join the online interactive discussion on how best to improve the economy and bring jobs, investment and prosperity to Bosnia and Herzegovina. You can share your thoughts using the hashtags #EconForumBiH and #CompactforGrowth at:

https://www.facebook.com/EconForumBiH
https://twitter.com/EconForumBiH

Compact for Growth and Jobs: Education and Jobs Fair to be held in Banja Luka

The Fair will provide opportunities for the outsiders in the economy; unemployed youth and minority groups from across the country, to engage in direct talks with businesses and potential employers...

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Compact for Growth and Jobs: Young members of political parties visit the EU House

During the follow-up event they had a discussion and debate about BiH in the EU integration process with the Chargé d' affaires of the EU Delega...

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Compact for Growth and Jobs: Workshop for youth members of political parties

The main aim of the workshop "Compact for Growth and Jobs - focus on youth unemployment and prospects in BiH" held in Konjic last week, 21-23 January, was to raise awareness and knowledge among younger members...

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Competition for journalists: Compact for Growth and Jobs

The feature can be written/recorded in the form of an investigative journalism piece, an interview, reportage, or a story/reportage/video/ or rad...

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Thousands visit the Education and Job Fair ‘Learn. Network.Explore’ in Zenica

Visitors had a chance to meet with employers, embassies and agencies of the Member States of the European Union and of the United States, as well as representatives of NGOs and business incubators...

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EU Delegation Charge d’affaires Dr. Daviddi guest on FTV central news

Charge d'affaires of the EU Delegation to BiH, Dr. Renzo Daviddi, participated in FTV's central news 'Dnevnik', aired on 19 November......

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