"Guillotine of Regulations" starting September - Minister Dinkić announced elimination of regulations that complicate procedures

(Mlađan Dinkić)

Minister of Economy and Regional Development Mlađan Dinkić announced that realization of project "Guillotine of Regulations" would start in September, which should be followed by elimination of one third of regulations.

- All regulations that complicate procedures will be eliminated and that will enable easier realization of investments in Serbia, first of all, in private sector - said Dinkić.

He estimated that the realization of "Guillotine of Regulations" should take 12 to 15 months.

The Minister also announced that the public discussion about the Draft law on regional development, which anticipates founding of special fund for equal regional development, that is, larger investments in infrastructure and stimulation of entrepreneurship in underdeveloped regions, would start in September.