Press release
APAG Audit AG warns that draft laws will hurt consumers and the economy
The Law firm based in Baar Switzerland, reveals that the impact of the bills could lead to a slowdown in economic growth, a decrease in consumption and investments, as well as a decrease in revenues to the state budget, in addition to other effects that will affect consumers.
APAG Audit AG's study shows that a potential reduction in loans for the population and companies by 5% as a result of diminishing the capacity of the credit institutions to finance the private sector is estimated to lead to a reduction of consumption by 1.95%, of investments by 0.30% and GDP by 2.64%.
APAG Audit AG
Dorfstrasse 38 Baar
+442039962120
info@apag-audit.org
APAG Audit AG is a Law firm, specializing in various legal fields. Operating since 1998 with a HQ in Baar, Switzerland
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