The Serbian government adopted at a session today a bill on changes and amendments to the Law on public procurements, which aim to simplify the procedure for public procurements funded form the state budget. The changes also envision a preferential treatment for domestic suppliers and measures for faster handling of complaints concerning public procurements. It is also envisages that members of the complaint commission be appointed for a four-year term.
The Serbian government also adopted bills to regulate the field of insurance. A bill on insurance aims to regulate the area and to increase the security of those insured. Requirements for setting up an insurance company will be made more stringent, while the National Bank of Serbia will act as a supervisory body. The government also adopted a bill on the National Home Loan Corporation and forwarded all the bills to the Serbian parliament for adoption.
At today’s session, the government adopted and sent to the parliament a bill on changes to the Law on financing political parties, which should reduce the sum to be set aside for election campaigns from the current 0.1 percent of the state budget to 0.01 percent. A bill on amendments to the Law on the securities market was also adopted.
The Serbian government also changed the Decision on setting up a council for strategic consolidation of the Bor mining complex and the Decision on criteria for setting import quotas.
At the session, the government also adopted the Information on the progress of Serbia-Montenegro’s stabilisation and association with the European Union, as well as the Information on a framework for negotiations with the European Investment Bank (EIB) on a loan for “Project of Serbia-Montenegro’s European Roads.” Also, the government adopted the framework for the participation of Serbia’s representatives in the spring sessions of the International Monetary Fund and the World Bank in Washington.