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No Sustainable Economy Without Structural Reforms

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The main message of the Kopaonik Business Forum is that structural reforms are a prerequisite for a lasting, sustainable economic growth, President of the Serbian Association of Economists Aleksandar Vlahovic said.

At the close of the three-day business conference, Vlahovic told Tanjug that the topic of the forum had been how to fix “the fractures of the system”, leading to the conclusion that in order to translate good short-term results into lasting and sustainable ones, the structural deficit should be eliminated.

In the government’s economic agenda for 2016-2017, the key measures have to aim at stepping up the public administration’s efficiency, cutting its expenditures, completing the restructuring of big public enterprises, Vlahovic said, underlining the need for a tax administration overhaul.

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