EUR 3.4 million for reform of corporate financial reporting - Agreement on donation signed with World Bank

Source: eKapija Friday, 25.03.2016. 12:11
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(Photo: Maryna Pleshkun/shutterstock.com)
An agreement on a EUR 3.4 million donation to our country for the reform of corporate financial reporting was signed Thursday between Serbia and the World Bank in the Finance Ministry of Serbia.

The agreement was signed by Finance Minister Dusan Vujovic and World Bank Regional Director for Southeast Europe Ellen Goldstein.

These funds are provided by the Government of the Swiss Confederation, which is represented by the State Secretariat for Economic Affairs of Switzerland, while the World Bank administers the allocation of funds.

The purpose of this project is to contribute to the improvement of Serbia's investment environment, with the primary aim of achieving maximum transparency in financial reporting and investment promotion.

This project should be implemented by the end of 2019.

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