WB to support Serbia's economy and growth stabilisation

WB to support Serbia's economy and growth stabilisation

WB to support Serbia's economy and growth stabilisation Izvor: N1
brnabić

The World Bank (WB), the Global Director Alfonso Garcia Mora of the Finance, Competitiveness & Innovation said on Wednesday the Bank wanted to help Serbia to stabilise its economy and speed up the growth successfully, the Beta news agency reported.

After meeting Serbia’s Prime Minister Ana Brnabic, Garcia Mora said Serbia should continue with macroeconomic reforms and create a more dominant private sector. For further progress, he added, the improvement of competition, primarily in the technology and innovations, was needed, but also in agriculture.

Brnabic and Garcia Mora discussed the reforms and Serbia’s financial results, the implementation of the current projects in cooperation with the WB, and the plans for future in this year and beyond.

She informed Garcia Mora about the intensified work on modernisation of the Tax Administration, that new laws would instigate the growth in electronic trade and that in autumn new regulations would be brought in the areas of intellectual property and investment funda.

The Premier also said her country would have a stable GDP growth and that it was expected to be 3.5 percent in 2019.

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