The causes of weak financial institutions can usually be traced to one or more of the following conditions: inappropriate business model, given the business environment; poor or inappropriate governance and assurance functions; poor decision making by senior management; and misalignment of internal incentive structures with external stakeholder interests.3 19.
Though growth in external demand slowed down as of mid-2018, according to our estimate, the achieved GDP growth is attributable to domestic factors. A key contribution to growth came from fixed investments, which posted an s-a growth of 7.4% in the first quarter – namely, private investment by 8.0%, and government by 4.7%.