Serbia gave as much as 93% of subsidies to foreign investors
BizLife 30.11.2021 | Beta
Only 2.1 percent of supported investments are in the field of high technologies, and in the last five years almost 80 percent of total direct investments have been directed to typically labor-intensive activities, with earnings below the national average.
Thus, the policy of support for direct investments, which was initially designed as a driver of productivity growth, modernization and improving the competitiveness of the Serbian economy, as the Biznis i finansije monthly emphasizes, has become an instrument for correcting the bad system of labor taxation, in which the burden of taxes and contributions is almost the same in the sectors of high and low salaries. At the end of the pre-crisis year of 2019, a total of
