The government is moving to rebuild cooperatives in Serbia: Large incentive funds saved!

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The state has decided to help rebuild and establish new cooperatives.

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Cooperatives used to be widespread in Serbia and there was almost no village in which at least one cooperative did not function.

In the 1990s, due to the war, sanctions, but also the non-domestic attitude of individuals, most of these cooperatives died out or disappeared.

The state has made a decision! Most of the 37.5 billion dinars of incentives will be directed to mechanization!

The Government of the Republic of Serbia has decided to change that and this year will allocate significant incentive funds for cooperatives.

– By the end of January, we will have a program for the renewal of cooperatives – said the Minister in the Government of Serbia in charge of taking care of the village, Milan Krkobabic. – After that, we will open a public competition for the allocation of incentive funds.

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– Existing cooperatives can count on incentive funds up to 15 million dinars, and newly established ones up to 7.5 million dinars – Minister Krkobabic added.

Source: Better country


Source: Bolja Zemlja by

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