Dinkić: Economy is recovering

Economy Minister Mlađan Dinkić said that the Serbian economy is recovering and that he is “very optimistic.”

Izvor: Tanjug

Sunday, 15.11.2009.

10:58

Default images

Economy Minister Mladjan Dinkic said that the Serbian economy is recovering and that he is “very optimistic.” He said that he has great optimism that 2011 will be a lot better economically than the two preceding years. Dinkic: Economy is recovering “We plan to support the banks in the coming year, which are more than liquid currently, and to place our money into the industry at lower interest rates, so that the National Bank will slowly move out of repo operations. The goal is to enter 2011 with subsidies on credit because we will have, I believe, a normal economic situation,” Dinkic told daily Vecernje Novosti. He said that through various government programs, the industry received about EUR 2bn this year and in the nine months preceding it, and through subsidized credit, about EUR 970mn was “pumped in,” adding that similar plans are expected for 2010. “Through the Development Fund, another EUR 1bn was given to the industry,” Dinkic added. He said that the basic condition for pulling subsidized credit would be for companies to decrease their numbers of employees, adding that according to the National Employment Service, the maximum number of employees was recorded in May, and that this number has been decreased by about 40,000 since. Dinkic said that in the last several months, interest from potential investors has increased and that the biggest problem currently is the slow and complicated procedure for giving out building licenses. “We must change this if we want the country to increase its investment income. The Spatial Planning Ministry needs to propose a solution for the problem immediately. One of the possible solutions is to introduce new rules and practices for the state to give out licenses for investors if the local administration does not react in time,” Dinkic said. He said that the paperwork needs to be cut down and effectiveness must be increased. “The unit for ‘guillotine regulations,’ which I coordinate, finished the gathering of recommendations from the industry and citizens. Abolishing unnecessary paperwork and other complicated procedures will secure savings for the industry of about EUR 200mn on an annual level,” Dinkic said. Mladjan Dinkic (Beta archive)

Dinkić: Economy is recovering

“We plan to support the banks in the coming year, which are more than liquid currently, and to place our money into the industry at lower interest rates, so that the National Bank will slowly move out of repo operations. The goal is to enter 2011 with subsidies on credit because we will have, I believe, a normal economic situation,” Dinkić told daily Večernje Novosti.

He said that through various government programs, the industry received about EUR 2bn this year and in the nine months preceding it, and through subsidized credit, about EUR 970mn was “pumped in,” adding that similar plans are expected for 2010.

“Through the Development Fund, another EUR 1bn was given to the industry,” Dinkić added.

He said that the basic condition for pulling subsidized credit would be for companies to decrease their numbers of employees, adding that according to the National Employment Service, the maximum number of employees was recorded in May, and that this number has been decreased by about 40,000 since.

Dinkić said that in the last several months, interest from potential investors has increased and that the biggest problem currently is the slow and complicated procedure for giving out building licenses.

“We must change this if we want the country to increase its investment income. The Spatial Planning Ministry needs to propose a solution for the problem immediately. One of the possible solutions is to introduce new rules and practices for the state to give out licenses for investors if the local administration does not react in time,” Dinkić said.

He said that the paperwork needs to be cut down and effectiveness must be increased.

“The unit for ‘guillotine regulations,’ which I coordinate, finished the gathering of recommendations from the industry and citizens. Abolishing unnecessary paperwork and other complicated procedures will secure savings for the industry of about EUR 200mn on an annual level,” Dinkić said.

Komentari 1

Pogledaj komentare

1 Komentari

Možda vas zanima

Podeli: