Q:
A:
SMEs to be basis for development in Serbia
Belgrade,
17 December 2005
Serbian Deputy Prime Minister Miroljub Labus said today that in the next two years political and macroeconomic stability will be established in Serbia, which will contribute to speedy development and the founding of new small and medium-sized enterprises, because commercial and noncommercial risks will be lessened, as well as basic interest rates.
Serbian Deputy Prime Minister Miroljub Labus addresses the third international congress of the Association of Small and Medium-sized Enterprises
Author:
Fonet
Addressing the third international congress of the Association of Small and Medium-sized Enterprises (SMEs) with the theme “Stability, association and integration of Serbia in the European Union”, which was held at Sava Centre, Labus said that SMEs are the basis of development in the EU and expressed conviction that the development of this sector will also be the basis of the development of Serbia, because of which the Serbian government gives great importance to this issue.
He expressed conviction that in the next two years most of the major political issues, from cooperation with the Hague tribunal to the adoption of a new Serbian constitution, will be resolved and thus political stability will be established that is needed for economic development and the influx of foreign investment into Serbia.
Speaking on the issue of EU association, Labus expressed expectation that Serbia at this time next year will sign the Stabilisation and Association Agreement (SAA) with the EU, and that by the year 2012 will be ready to enter the EU as a member.
Labus said that when it comes to the issue of economic plans of the government for the upcoming period, in the coming years it will be very important to secure a growth of the gross domestic product (GDP) at a rate of five percent annually and a growth in exports of about 15 percent to strengthen domestic economy.
He presented the statistic that in 2004 for the purpose of establishing SMEs in Serbia 50 days were required, and by the end of 2005 from 11 to 12 days.
He said that by the end of November in Serbia around 8,500 new SMEs were founded and expressed expectation that by the end of the year this number will grow to 10,000.
Labus pointed out that one of the major problems in Serbia is corruption on various levels and said that the government in the upcoming year will fight against it in two ways: by reducing the role of the state in administration of economic affairs and by training the judiciary and police for fight against corruption.
The congress at Sava Centre was attended by several hundred guests from the country and abroad.
He expressed conviction that in the next two years most of the major political issues, from cooperation with the Hague tribunal to the adoption of a new Serbian constitution, will be resolved and thus political stability will be established that is needed for economic development and the influx of foreign investment into Serbia.
Speaking on the issue of EU association, Labus expressed expectation that Serbia at this time next year will sign the Stabilisation and Association Agreement (SAA) with the EU, and that by the year 2012 will be ready to enter the EU as a member.
Labus said that when it comes to the issue of economic plans of the government for the upcoming period, in the coming years it will be very important to secure a growth of the gross domestic product (GDP) at a rate of five percent annually and a growth in exports of about 15 percent to strengthen domestic economy.
He presented the statistic that in 2004 for the purpose of establishing SMEs in Serbia 50 days were required, and by the end of 2005 from 11 to 12 days.
He said that by the end of November in Serbia around 8,500 new SMEs were founded and expressed expectation that by the end of the year this number will grow to 10,000.
Labus pointed out that one of the major problems in Serbia is corruption on various levels and said that the government in the upcoming year will fight against it in two ways: by reducing the role of the state in administration of economic affairs and by training the judiciary and police for fight against corruption.
The congress at Sava Centre was attended by several hundred guests from the country and abroad.
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