Q:
A:
Serbia's business environment improving
Belgrade,
17 May 2011
Minister of Economy and Regional Development Nebojsa Ciric said today that 106 recommendations were adopted for easier operation of the Council for a comprehensive reform of regulations that will save the Serbian economy between €120 and €130 million.
At the conference "Reality Check" organised by the Foreign Investors Council (FIC), Ciric stated that 124 recommendations will save the economy more than €20 million, while 74 recommendations have not yet been prepared.
The Minister pointed out that a new strategy in relation to regulatory reform for the period 2012–2015 is being prepared.
He said that the business environment in Serbia is improving, and recalled that Serbia has recently received a better credit rating and that a series of laws will improve business operations.
He added that Serbia continues to face non-liquidity, inflation and high unemployment, adding that investments, such as Fiat and RTB Bor, are encouraging.
Minister of Environment, Mining and Spatial Planning Oliver Dulic stated that the new decree on the conversion of the right to land usage into property right should be presented on 1 June and adopted around the middle of the month.
Dulic said that the third version of the decree was required because at this moment neither tax administration nor local self-governments were able to implement the conversion speedily, which is why responsibility will be transferred to court assessors, with the control of state organs.
He explained there are two conversion models in the decree. The first implies land value assessment by authorised court assessors, and not the tax administration, after which the local self-government estimates the costs of procuring the right to usage.
The second model envisages that local self-governments divide municipal land into zones and determine the initial land value, Dulic noted.
The Minister pointed out that a new strategy in relation to regulatory reform for the period 2012–2015 is being prepared.
He said that the business environment in Serbia is improving, and recalled that Serbia has recently received a better credit rating and that a series of laws will improve business operations.
He added that Serbia continues to face non-liquidity, inflation and high unemployment, adding that investments, such as Fiat and RTB Bor, are encouraging.
Minister of Environment, Mining and Spatial Planning Oliver Dulic stated that the new decree on the conversion of the right to land usage into property right should be presented on 1 June and adopted around the middle of the month.
Dulic said that the third version of the decree was required because at this moment neither tax administration nor local self-governments were able to implement the conversion speedily, which is why responsibility will be transferred to court assessors, with the control of state organs.
He explained there are two conversion models in the decree. The first implies land value assessment by authorised court assessors, and not the tax administration, after which the local self-government estimates the costs of procuring the right to usage.
The second model envisages that local self-governments divide municipal land into zones and determine the initial land value, Dulic noted.
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