The document discusses recommendations to improve Macedonia's business climate and competitiveness. It finds that while Macedonia has made progress in assessments of ease of doing business, the quality of regulation is comparatively low. General regulation takes much of companies' time and they complain about frequent legislative changes. Key recommendations include improving regulation quality, implementing a "think small first" approach, abolishing non-deductible expenses, and preparing an analysis of tax regulation's impact on different sized companies. Corruption also poses an obstacle to businesses according to surveyed companies. Strengthening rule of law and the fight against corruption are emphasized. Access to external finance is limited, with most firms relying on self-financing. Improving access to credit for small