News in English     | 24.04.2018. 16:27 |

Twenty BiH municipalities are holders of BFC certificate

FENA Hana Imamović

BELGRADE, April 24 (FENA) - The economic development of local self-government units is a priority, and one of the important mechanisms in this regard is the implementation of the BFC standard that significantly enhances the competitiveness of the entire region or countries in which this program is implemented. The units that meet these standards get the BFC SEE (Business Friendly Certification South East Europe) certificate.

Bosnia and Herzegovina has the largest number of local units that hold this certificate in the countries of Southeast Europe. Twenty municipalities in BiH are the bearers of this certificate, and 11 of them were today awarded a certificate in Belgrade where the 12th Annual Assembly of the National Alliance for Local Economic Development (NALED), which acts as the regional technical secretariat of the BFC process, is being held.

BiH has the largest number of local self-government units that have successfully implemented this standard primarily thanks to the great support of the United States Agency for International Development (USAID).

The certification program aims to enhance the cooperation of all stakeholders involved in the process of attracting and realizing investments, as well as to promote standards that influence the creation of a favorable business climate.

Certification of cities/municipalities implies the fulfillment of certain standards, i.e. a kind of guarantee that existing businessmen, as well as potential investors, will receive services and information in a way that facilitates business and activities that fall under the competence of local governments, and that they will have a reliable partner in all stages of business realization.

In the certification process, there were more than 90 municipalities and cities, 44 of whom received a certificate, and three million citizens and numerous business entities in five countries in the region (BiH, Croatia, Serbia, Montenegro and Macedonia) use efficient local administration services.

Significant technical and financial support in the process of BFC certification in local government units in Bosnia and Herzegovina is provided by the Catholic Relief Services (CRS) agency within the USAID funded RAST project.

(FENA)
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