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The Government of the Republic of Serbia

In the service of citizens

Innovation engine of development of Serbian economy

Belgrade, 13 November 2017

Prime Minister Ana Brnabic opened today the biggest investment, innovation and entrepreneurship forum in Belgrade "Belgrade Venture Forum", and on this occasion said that the goal of the government is that the Serbian economy is based on innovations in order to have a sustainable and dynamic growth.

Brnabic told the gathering, featuring 30 innovative entrepreneurs from more than ten countries, who will present their ideas to over 50 investors, that our economic development is now based on investments, but also that important innovations and digitization are very important.

The vision of the government of Serbia is that after harsh structural reforms carried out by the previous government, thanks to which macroeconomic stability and fiscal consolidation were achieved, it will grow on healthy bases, which is an increase in exports and productivity, she said.

Serbia is struggling to invest in a good business climate, subsidies and a favourable business environment, the Prime Minister pointed out, and stressed that we must turn to an innovation-driven economy in order to have a sustainable and dynamic growth.

She expressed doubts that everything planned in this regard could be realised in this government's mandate, but added that at least a good step forward in the right direction can be made.

The Prime Minister pointed out that the goal is digitization and education, as well as innovation and a greater focus on investment in science, research and development, entrepreneurship and culture.