Project Description
Proposed project will have three components:
Component 1: Reduce costs and time for businesses by simplifying administrative procedures at the central government level
Component 2: Implement online issuance of at least 100 the most burdensome procedures.
Component 3: Improving competition and market regulation
Over the next three years , the Project aims to contribute to improving business environment in Serbia by 1) decreasing existing administrative burden business face by regulatory simplification of 1,250 licenses and permits and enabling online issuance of 100 procedures, resulting in $8 million direct compliance costs savings for businesses, and 2) opening markets by removing at least two anti-competitive practices in key sectors.