News
19.07.2006.

€30 million to be set aside for science in next year and a half


Serbian Minister of Finance Mladjan Dinkic announced today on his visit to the Institute for Physics in Zemun that €30 million will be set aside during the next year and a half for the institute’s scientific and research work, promoting innovations and building science parks.
More icoMore Separator 14.07.2006.

€60 mln loan agreement for purchase of 1,100 wagons signed


Serbian Minister of Finance Mladjan Dinkic and Director of Serbian railways company Milanko Sarancic signed today with representatives of the European Bank for Reconstruction and Development (EBRD) a loan agreement worth €60 million for the purchase of 1,100 wagons. Dinkic said in a press conference that this is a big day for Serbian railways and announced that a $80 million loan agreement for rehabilitation of the rail network on Corridor 10 will be signed with the European Investment Bank (EIB).
More icoMore Separator 5.07.2006.

Ireland a good model for Serbia in attracting foreign investment


Serbian Minister of Finance Mladjan Dinkic said today during his visit to Dublin that Serbia could learn a lot from Ireland in attracting foreign investment. In a statement to the news agency Beta, Dinkic said that at the meeting with representatives of the Irish Ministry of Finance it was agreed upon that in order to make economic progress Serbia needs political consensus on the future of the country, as well as a good legal system and foreign direct investment.
More icoMore Separator 29.06.2006.

Meridian Bank joins state-subsidised housing programme


Serbian Minister of Finance Mladjan Dinkic, Director of the National Corporation for Housing Loan Insurance Aleksandar Jovic and representatives of Meridian Bank signed a contract today on housing loans for married couples up to 45 years of age.
More icoMore Separator 28.06.2006.

Serbia inherits membership in IMF and World Bank


Serbian Minister of Finance Mladjan Dinkic and Montenegrin Minister of Finance Igor Luksic agreed in a meeting today in Podgorica that Serbia will succeed the state union’s membership in the International Monetary Fund (IMF), the World Bank and all international financial institutions. After the talks, Dinkic expressed expectation that the governments of Serbia and Montenegro will verify today’s agreement next week. He said that Serbia will inherit membership in all international financial institutions with the existing quota and noted that Montenegro will get a 5.85% quota.
More icoMore Separator 16.06.2006.

Government plans to enhance investment in Serbia


Serbian Minister of Finance Mladjan Dinkic said today that investments in Serbia will continue and announced that there will be a higher growth of investment if the political situation in the country is more stable.
More icoMore Separator 13.06.2006.

Bill on financing local self-governments presented


Serbian Minister of Finance Mladjan Dinkic said today that the Bill on financing local self-governments envisages fiscal decentralisation in which larger budgetary funds will be approved to poorer municipalities at the expense of the richer ones.
More icoMore Separator 5.06.2006.

Serbia to adopt laws regulating work of organs inherited from state union


Serbian Minister of Finance Mladjan Dinkic said today that adoption of the Decision on transferring jurisdictions from Serbia-Montenegro to Serbia is one of the first moves that are being made so that Serbia could fully take over all its jurisdictions. Addressing reporters in Serbian parliament, Dinkic reiterated that now it is necessary to substitute federal laws with the republic ones and pass legislation regulating the work of organs inherited from Serbia-Montenegro.
More icoMore Separator 2.06.2006.

Greece willing to support initiative for writing-off Serbia’s debt to Paris club


Greece is ready to provide diplomatic support to the Serbian government in an effort to convince creditors of the Paris club to write off $1 billion debt, Serbian Minister of Finance Mladjan Dinkic said today during his official visit in Greece. Dinkic met today with Greek Minister of Foreign Affairs Dora Bakoyannis and Minister of Finance and Economy George Alogoskoufis. Dinkic presented Belgrade’s official initiative that Serbia will formally send to creditors of the Paris club in a month’s time. The initiative has the backing of Serbian Prime Minister Vojislav Kostunica and Serbian President Boris Tadic.
More icoMore Separator 25.05.2006.

Government passes five finance bills


Serbian Minister of Finance Mladjan Dinkic said today that the government approved five finance-related bills at the proposal of the Ministry of Finance and expressed expectation that the parliament will discuss these regulations in June.
More icoMore Separator 24.05.2006.

Government to pass investment incentive measures


Serbian Minister of Finance Mladjan Dinkic announced last night that the Serbian government will pass a number of measures with the aim of endorsing investors to invest in Serbia. Dinkic said that financial support will in future be provided for greenfield projects to small and medium-sized enterprises according to their number of employees, whereas large investors will receive support according to the amount of capital invested in Serbia.
More icoMore Separator 22.05.2006.

EBRD, EIB announce crediting several projects in Serbia


Serbian Minister of Finance Mladjan Dinkic said that the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) announced in the EBRD Annual Meeting in London that they will provide loans for several infrastructural projects in Serbia in the amount of several hundred million euros.
More icoMore Separator 19.05.2006.

Government to help construct roads in Kragujevac


Serbian Minister of Finance Mladjan Dinkic visited Kragujevac today and promised that the government will help build a section of the Kragujevac-Batocina road, as well as a local road network. At a press conference following a meeting with members of the Kragujevac City Council, Dinkic specified that the government will provide half the funds for the roads and the local self-government the other half.
More icoMore Separator 17.05.2006.

Serbia gets EIB’s €66 mln loan for reconstruction of bridges and flyovers


Serbian Minister of Finance Mladjan Dinkic signed today with the European Investment Bank (EIB) a €66 million loan agreement for reconstruction of over 100 bridges and flyovers on Serbia’s regional roads.
More icoMore Separator 12.05.2006.

Government plans to maintain high GDP growth rate and boost employment


Serbian Minister of Finance Mladjan Dinkic said today there is no fear of macro economic instability since foreign currency reserves stand at approximately $7.4 billion, and the Serbian government plans to maintain a high rate of GDP growth in the next three years and boost employment. Addressing the Sixth Summit of Serbia-Montenegro, Dinkic reiterated that the Serbian government plans to conduct a balanced budget policy from 2007 to 2009, with a 7% GDP growth rate.
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