The Slovenia Times

Koprivnikar calls for investment, innovation at OECD Forum

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Politicians' decisions directly affect economic productivity and the quality of people's lives, Koprivnikar told the annual gathering of the Organisation for Economic Cooperation and Development (OECD).

To ensure a productive economy and inclusive society, coordinated action between countries is needed, in particular coordinated investment, said Koprivnikar as reported by his ministry.

"To boost economic growth, it is imperative to invest in innovation, education, energy, transport and digitised solutions," he said, pointing to the application of big data to enable new business models and more efficient processes. "It's not important how good product you have but rather how good your business model is."

Meeting with Gurria, the minister briefed him on Slovenia's plans and achievements in digital transformation.

According to the Public Administration Ministry, the secretary general commended Slovenia on its economic progress and expressed satisfaction with investment in digitalisation and innovative solutions, announcing the organisation would boost cooperation with the country in the field.

The session of the OECD Council, currently presided by Chile, is being attended by representatives of 34 members of the organisation as well as partner countries.

Slovenia is being represented by Koprivnikar and Development Minister Alenka Smerkolj. Both were scheduled to appear in several debates and hold several bilateral meetings.

Smerkolj met Gurria yesterday to discuss the preparation of Slovenia's long-term development strategy.

The organisation downgraded its forecast for Slovenia's economic growth by 0.4 percentage points to 1.5% in this year and 2.3% in 2017.

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