Q:
A:
Businessmen satisfied with government’s measures
Belgrade,
14 July 2004
Serbian Prime Minister Vojislav Kostunica, Minister of Trade, Tourism and Services Bojan Dimitrijevic and Minister of International Economic Relations Predrag Bubalo talked today with a delegation of the Serbian Economic Club Privrednik.
The businessmen expressed satisfaction with measures passed by the government, adding that they are on the right track. They also proposed adoption of a long-term development strategy.
Speaking about problems they are encountering, the businessmen pointed to lack of support to exports, trade deficit, high interest rates, and high contributions for employees’ wages.
Kostunica said that the legislation passed and economic measures are increasing the security of investment in the country and he noted that the government’s measures are mostly in line with businessmen’s proposals.
Bubalo said that reforms are not lagging behind, that privatisation goes on, and that agreements with the London Club of commercial creditors and Russia will facilitate the inflow of fresh investment.
The businessmen said they were satisfied with the 10 percent corporate profit tax, the lowest such tax compared with those in the neighbouring countries.
Speaking about problems they are encountering, the businessmen pointed to lack of support to exports, trade deficit, high interest rates, and high contributions for employees’ wages.
Kostunica said that the legislation passed and economic measures are increasing the security of investment in the country and he noted that the government’s measures are mostly in line with businessmen’s proposals.
Bubalo said that reforms are not lagging behind, that privatisation goes on, and that agreements with the London Club of commercial creditors and Russia will facilitate the inflow of fresh investment.
The businessmen said they were satisfied with the 10 percent corporate profit tax, the lowest such tax compared with those in the neighbouring countries.
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