Deputy Federal Prime Minister and Federal Minister of Development, Entrepreneurship, and Craft Vojin Mijatovic signed and delivered incentive contracts for 387 beneficiaries, as part of current transfers by projects.
These are incentives for micro, small, and medium-sized enterprises, and the goal of the project is to encourage the development of enterprises, improve business climate and increase competitiveness. For this purpose, 6.5 million BAM has been allocated.
Vojin said that, although 6.5 million BAM is a huge amount, he still believes that it is absolutely insufficient in order to create a better business environment and provide an incentive in the true sense of the word for micro, small, and medium enterprises.
“Therefore, the activities that we will conduct until the end of the year will relate to two key laws (the law on encouraging the development of small businesses in the Federation of Bosnia and Herzegovina (FBiH) and the law on entrepreneurial infrastructure). In the next budget year, we should make a significant step forward. This step forward will refer to the amount of funds that we will have at our disposal next year, which will be at least 3-4 times higher than now. And I am announcing for next year a complete reorganization of grant funds and the way they will be awarded, as well as the approach,” he said.
Moreover, Mijatovic said that he cannot be fully satisfied with the effects. It should be a better climate, better conditions for further development. He said that there is a need for reform, which he and his collaborators are already preparing extensively and he is absolutely sure that next year the ministry will enter a new phase when it comes to the relationship between the Government of the FBiH and that part of the economy in the FBiH that employs a large number of people.
“Both the public and the media should pay more attention to business zones where companies employ 100+ workers who actually pay the wages of me and all my colleagues through taxes. In this way, we have to improve their legal service much stronger and better,” he concluded, Klix.ba reports.
E.Dz.
