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Serbian government to support construction industry

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Serbia`s government adopted at its yesterday’s session the Decree on measures of support to the construction industry by subsidising interest on loans to finance housing construction in 2011.

The cabinet also adopted a Conclusion to award funds for devastated areas.

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The government also adopted a Decree on conditions and how to attract direct investment as well as a Conclusion on the revival of large industrial centres of special interest for the Republic in 2011.

A Decree amending the Decree on the formation of drug prices under which the prices of medicines will be lower by an average 6% was also adopted.

The government also adopted a Decree on certain legal measuring units, a Decree on medium-term programme for the national infrastructure of spatial data for the period from 1 January 2011 to 31 December 2015 and a Decree on the promulgation of a special nature reserve “Koviljsko-petrovaradinski rit”.

The government has also established a coordinating body for EU accession process, led by Prime Minister Mirko Cvetkovic.

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