In addition to its renewal next year, greater automatism in its application would be a welcome development. Corporate governance structures The adoption of robust corporate governance structures to ensure an appropriate composition of administration and control bodies, healthy internal dialogue and highly qualified management, is a prerequisite for the definition of suitable long-term strategies.
In addition, SSA’s current account deficit increased from an average of 2,1 per cent of GDP in 2004-08 to 5,9 per cent in 2015; it is expected to widen further, to levels above 6 per cent, this year.