Foreign investors about Serbia

Serbia has maintained stable but moderate progress in reforms over the past year, which has ensured stability but is not sufficient to realize set goal – fully sustainable and competitive business climate, strong economy that can compete with developed markets and high standard of living of its citizens, President of the Foreign Investors Council in Serbia (FIC) Jana Mihajlova has stated today.

At the annual presentation of the FIC’s “White Book”, she has said that Serbia needs to speed up reforms and negotiations on accession to the EU, in order to reach the level of economic development in the EU.

She has pointed out that three key expectations of FIC from the Serbian government include – achievement of sustainable fiscal consolidation (structural reforms, in particular privatization and corporatization of state-owned enterprises), improvement of law implementation, primarily in the field of taxation, and securing greater transparency in public consultations, with emphasis on reforms in eight priority areas.

These areas are taxes, work, digitization and e-commerce, real estate and construction, inspections, food safety and general legal framework with emphasis on bankruptcy and foreign exchange laws.

Izvor: Beta

Foto: BizLife