Serbian government introduces new measures to help economy

NEWS 20.05.2022 15:57
Source: Vlada Srbije

The Serbian government approved another 500 million Euro in aid to the economy and extended the deadline for loans under its pandemic aid measures to July 31.

A press release said that the latest support measures are directed at some 1,400 companies, providing them with an opportunity to use government loan guarantee schemes to refinance debts.

“The state recognised the need to approve an additional €500 million in aid, in order to maintain liquidity, and thus the total amount of funds placed through the first guarantee scheme reached €2.5 billion. At the same time, the deadline for issuing loans has been extended to 31 July 2022,” a press release said.