Serbia announces new regulatory reform strategy

The Serbian government announced yesterday that the new strategy of regulatory reform is in preparation, which will simplify administrative procedures and improve the competitiveness of enterprises in Serbia. Supported by the US Agency for International Development (USAID), the project aims to improve significantly the Doing Business ranking (currently 92nd, down 4 places since last year) A recent survey showed that the reform is urgent. In spite of the application of the regulatory guillotine, 83 percent of the respondent companies said the bureaucratic burden has not diminished in the last year.