Government adopted draft laws on privatization and bankruptcy procedure

(Photo: Ivana Vuksa)

The amendments to the Privatisation Law aim to accelerate privatisation and create conditions for economic development and preservation of social security, the Serbian government office for cooperation with the media released.

The amendments to the Law on Bankruptcy Procedure provide for improvement of the business climate, more efficient implementation of the bankruptcy procedure and prevention of abuse and corruption in the process, the government said in the release.

These laws are forward to the parliament for debate and adoption on urgent procedure, said in the release.