RADULOVIC: Soon cheaper loans for small enterprises

Sasa Radulovic (Photo: Medija centar Beograd)

Economy Minister Sasa Radulovic announced today in an interview with the daily Novosti that the state would soon offer more affordable loans to small and medium-sized enterprises.

As the Economy Ministry explained to eKapija, the 2014 budget of that ministry includes RSD 20 billion for a transition fund, RSD 12 billion for on-lending to the economy through the guarantee fund, and another RSD 4 billion for venture capital funds that should support innovations, especially in the IT industry.