Serbia "expected to ensure world-class business environment"

The World Bank expects Serbia to ensure a world-class business environment, says WB Country Director for Southeast Europe Ellen Goldstein.

Source: Tanjug
(Tanjug, file)
(Tanjug, file)

To unleash the power of the private sector, Serbia needs to have "a world-class business environment - not just good in the Balkans, it really has to be top-notch," she said.

That will be one of the priorities for the Serbian economy in the coming period, Goldstein told Tanjug.

Presenting the WB's latest Western Balkans report in Brussels, Goldstein also named four other tasks Serbia must complete for its economy to progress.

The tasks include completing the transition to a market economy.

"There is too much that is still in the public sector that really does not belong there, so tackling state-owned enterprises, reducing the footprint of a very large and inefficient state is critically important," she said.

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