Serbia at 131st place in the World Bank rating

Belgrade, Feb. 03, 2010, (Serbia Today) - Poor business climate, poor infrastructure, inadequate anti-monopoly policy – these are some of the conclusions in the research carried out by the World Bank and the World economic forum over conditions for business dealing and competition in Serbia.
The ministries in charge claim to be on good course to correct these problems and that in the next ranking we might make a progress by rising 20 places up. Economists, however, claim that changes must be carried out more rapidly.
According to the research by the World Bank about conditions for business dealing in 2010, Serbia is on the 88th position in a list of 183 countries. In the research of the World economic forum Serbia is on the 93rd position among 133 countries.
The total index of our country as per this report is 3.8 so Serbia dropped from the 85th place it occupied last year to the 93rd now. According to this report the most serious problems for business dealing in Serbia are corruption, political instability, access to finances, inefficient state bureaucracy and inflation.

Andreja Marusic of the Government’s office for implementation of the thorough reform of regulations says that until so far the Government has adopted 212 recommendations for change of regulations that were making business dealing complicated. According to her words these changes should improve rating of the country by the World Bank in 2010 and 2011 by at least 20 positions.