Business Environment Reform & Institution Strengthening Project

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The Business Environment Reform and Institutional Strengthening Project for Macedonia will strengthen the capacity o f the Government to improve selected areas of the business environment in an EU-oriented context. The project consists of the following components: (i) Business Regulation. This component aims at addressing the Government's weak capacity to establish and implement business friendly regulatory regimes. (ii) Metrology, Standards, Testing and Quality (MSTQ) system. This component aims at addressing the enterprise sector's difficulties in competing in domestic and foreign markets related to poor national MSTQ infrastructure and services. (iii) Competition Policy Regime. This component aims at addressing the poor competitiveness of the enterprise sector by fostering healthy market competition and thus stimulating the production of better quality products and services at lower prices. (iv) Access to Information. This, component aims at addressing poor access to information which results in increased transaction costs and/or impedes sound investment decisions. (v) Project Coordination Support. This component aims at ensuring proper implementation and coordination of the project activities, including support for financial management, procurement and monitoring and evaluation requirements.