Source: eKapija | Sunday, 19.11.2017.| 19:58
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USAID invests USD 19.5 million in enhancing business conditions in Serbia in seven years

(Photo: Jan Willem van Hofwegen/
The United States Agency for International Development (USAID) and the Government of the Republic of Serbia have marked the success of the USAID Business Enabling Project, a seven-year initiative worth USD 19.5 million, which has helped Serbia become a better place for doing business, says the joint press release.

– From the very beginning, the USAID has been supporting the reform of the system of issuing construction permits, from adopting the Law on Planning and Construction, to joint efforts to implement e-permits with municipalities. In three years, Serbia has jumped from the 186th spot to being among the top ten countries in the world in the field of issuing building permits, according to the World Bank ranking, and this is why this is a good example for all our future reforms – stated Deputy Prime Minister of Serbia Zorana Mihajlovic.

– The World Bank’s Doing Business list, the World Economic Forum’s Global Competitiveness Report, and the Comparative List of Investment Destinations of the British daily Financial Times clearly point to Serbia’s being in a much better position today – stated US Ambassador to Serbia Kyle Scott.

– This is confirmed by a lower unemployment rate, a positive GDP growth rate and a larger influx of foreign investments. A better business climate, created by the Government of Serbia with America’s help, has also contributed to these positive trends – the ambassador added.

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