The previous structure of production, which was characterized by an emphasis on energy intensive heavy industry, has changed to a great extent. The current economic program includes rehabilitation and restructuring. There is still a decrease in industrial production. Successful restructuring of industry has started, proven by the 35,000 new jobs that have been created in new factories. Pollution is decreasing because of depressed output from heavy industry.
Energy prices are under government control and they are kept low.
The first priority of the economic policy is to reduce inflation. Tax reform is going on, and in 1994 a Value Added Tax will be introduced. The restructuring process results also in serious social problems. At present, there are 100,000 unemployed and the social tensions are resulting in strong political pressure which might have impact on the current economic trends. Privatization will release some funds for the economy and also for the environment.