EBRD encourages new Government of Serbia to resume structural reform

For faster economic growth, Serbia requires more investments, EBRD Lead Economist Peter Tabak said today and added that the new Government of Serbia should pick up the work on business environment improvement from where the current Government left off.
He quoted the EBRD Transition Report as saying that the region to which Serbia belongs invests a lot less after the crisis than before, adding that that was not enough.
- Serbia must invest more in order to achieve faster economic growth. It is necessary to further improve business environment that will stimulate foreign investment inflows which bring modern technologies and improve productivity and competitiveness, thus boosting the economic growth - Tabak told Tanjug news agency.
According to him, whoever might win the elections should continue pursuing the policy of fiscal adjustment and structural reforms that, among other things, implied improving the legal framework and solving the problem of non-performing loans.

EBRD Evropska banka za obnovu i razvoj Beograd

Vlada Republike Srbije

European Bank for Reconstruction and Development

Peter Tabak

economic growth of Serbia

business environment

fiscal adjustment

structural reform

non performing loans

NPL

public sector reform

small and medium sized enterprises

SMS sector

capital market

Dinar loans