WB "to help Serbia advance with new technologies"

The World Bank is ready to help Serbia benefit from the implementation of new technologies in the next four-five years, says WB Country Manager Tony Verheijen.

Source: Tanjug

In that way, the country could make a shift from an economy driven by the public sector to an economy driven by the private sector, he remarked on Thursday.

At the presentation of a World Bank study titled “World Development Report 2016: Digital Dividends”, Verheijen said it had turned out that the countries investing in digital technologies had posted a bigger growth.

The number of digital technology users is growing, which opens up greater opportunities. However, we know that many do not even have access to new technologies, he said.

Verheijen also underlined the need for more investment in infrastructure and promotion of public-private partnerships.

Serbia has success stories concerning new technologies, but it must take a step forward, introduce technologies in all sectors, and thus step up productivity, Deepak Mishra from the World Bank said on Thursday.

Commenting on the fact that Serbian IT experts made software for the FBI, Mishra described this as a success story, but that one should take into account that the IT sector is small and accounts for just around 4 percent of GDP, and 2 percent of the total number of people in work.

Serbia has many success stories, but the question is whether all citizens benefit from that. Many countries would like to have a Silicon Valley, but that is not the most important thing, Mishra told Tanjug at the presentation of the World Bank study.


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