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ZAGREB, Dec 16
(Hina) - Prospects are slim for Croatia to have again
pre-recession growth rates due to the country's structural weaknesses
and in order to step up its economic recovery it is crucial for the
country to carry out measures on the revenues side, through tax system
changes and improvement in EU funds absorption, and it is even more
important to reduce budget expenditure and streamline public
administration, improve the efficiency and equity of social spending
and rationalise subsidies, the World Bank (WB) says in its
recommendations to the Croatian government.
(Hina) ms