Most recommendations for cutting red tape acknowledged

Speaking at a Conference on Regulatory Reform Dinkic underlined that the best results have been achieved in facilitating company registration and the introduction of the single-counter system.

Within the regulations reform it is necessary to improve the work of inspections, bearing in mind the fact that there is insufficient coordination among them, the Minister explained adding that a regulations reform at a local level must also be implemented.

By the middle of 2011 electronic delivery of tax returns will be enabled, he announced noting that if companies are allowed to pay tax and contributions through one and the same money order, the economy will save €30 million a year.

Dinkic also voiced his dissatisfaction at the fact that some changes in regulations are late, that is, have not yet been enforced, although the government has adopted them, such as the abolishment of the pay toll for lorries.

The conference was organised by the Serbian government, the World Bank, the International Financial Corporation, the World Bank Institute and the Balkan Centre for Regulatory Reform, with the support of the Swedish International Development Agency (SIDA).

The aim of the conference is to provide an insight into the results of regulatory reform in Serbia, with a special emphasis on the implementation of the Overall Regulations Reform and to propose guidelines for cooperation in this domain with other countries in the region.

It will also be an opportunity to share key international and regional experience which may help Serbia and other countries in the region to meet the challenges in this domain.