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Economic Growth and Trade

Language: English | Serbian

IMPROVING CONDITIONS FOR BROAD-BASED, INCLUSIVE ECONOMIC GROWTH 

Serbia’s economy is constrained by critical barriers to growth. Further improvements to the business enabling environment are needed to attract investments and create jobs. The private sector needs to increase its ability to compete in regional and international markets. USAID works with selected government counterparts, non-governmental organizations, international donors, and other U.S. agencies to advance reforms that will contribute to economic growth and make Serbia more business friendly. USAID economic growth assistance also helps Serbian firms adopt practices to become more innovative and competitive. In the food processing sector, USAID is working across value chains and support structures to foster a system that will increase competitiveness, sales and exports--creating a model that can be replicated in other parts of the Serbian economy. At both the regulatory level and firm level, USAID is working to increase the diversity and availability of financial products and the private sector’s ability to access them.      

Current programs that contribute to Serbia’s overall economic development include:

USAID Competitive Economy Project

The USAID Competitive Economy Project is a four-year, $11.95 million activity to strengthen the competiveness of the Serbian food processing industry, particularly fruit and vegetable value chains, with the goal to increase sales and exports of Serbian food products on domestic and international markets. 

For more information, please see http://www.konkurentno.rs

USAID Support to Regulation of Para-Fiscal Project

The Support to Regulation of Para-fiscal Charges project is a two-year, $372,800 initiative to inventory, monitor, and reduce its para-fiscal charges. 

For more information, please see http://www.parafiskali.rs

Public Private Dialogue Project

The Public Private Dialogue project is a four-year, $1.43 million initiative to help build sustainable, effective public-private collaborations between the Government, private sector and civil society in order to improve the business enabling environment and generate more dynamic and sustainable economic growth.

For more information, please see hhtp://www.naled.rs

Opportunity Bank Serbia

USAID has provided financial support totaling $11.96 million to Opportunity International to create a sustainable financial institution in Serbia. Opportunity Bank Serbia (OBS) is a community bank that provides micro, rural, agro and small- and medium-enterprise (SME) lending to clients that cannot ordinarily access financial services from traditional banks. Clients are typically from semi-urban and rural areas of Serbia. The bank specializes in loans to dual-income cottage industries and the agricultural sector. 

For more information, please see: http://www.obs.rs/en/

Last updated: October 18, 2018

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