"Businesses remain at risk of facing uncertainties. Working capitals are among the main concerns for companies that cannot meet their current obligations. Micro and small businesses experience similar problems", Vice President of BIA Stanislav Popdonchev commented on BNR.
According to him, some of the companies have a varying decline in their orders; have reduced sales volumes, especially those who work with partners abroad.
"Workers are being laid off. Working hours are reduced. Many are forced to take unpaid leave.
On "12 + 3" Popdonchev added:
"The right policy is to create more security and predictability. Investments will start flowing in, as soon as the business has clarity for the next six months at least. The engines of GDP are investments and consumption. But everyone needs security. We can expect recovery at the end of this year or the beginning of next year, as long as there aren't any more epidemic waves."
According to the expert, the delay of the economic measures creates additional problems.
