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Strong SME sector can ensure Serbia’s economic growth

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Switzerland wants to expedite and increase investment in Serbia, which is very attractive to investors, as well as help the SME sector to become the backbone of Serbia’s economy, Swiss Ambassador Philippe Guex said Monday.

At a conference on SMEs organised by the Swiss-Serbian Chamber of Commerce, Guex said that a strong SME sector is very important for the economic growth of any country.

He highlighted that SMEs are the backbone of the Swiss economy, considering they make up 99 pct of all enterprises and that they have ensured the prosperity of the middle class.

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A very important condition for the development of the SME sector in Serbia is a predictable regulatory framework for their operation, as well as good conditions for financing and innovation, said Guex.

Serbia must adapt its education system to the needs of the labour market, he said.

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