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DAILY NEWS, October 26th
Increasingly fewer trade companies in Serbia
Since the beginning of 2011, 694 companies engaged in trade have been established in
Serbia, and in the same period 2,274 trade companies were closed, the Serbian Chamber of
Commerce (PKS) stated Wednesday. As it was stated at the constitutive session of the PKS
Association of Trade Committee, the biggest problems that domestic trade is faced with are
illiquidity and payment deadlines, large taxes, monopoly in distribution, as well as grey
economy. Secretary at the PKS Association of Trade Gordana Hasimbegovic pointed out that
the real GDP growth rate in the second quarter of 2011 increased by 2.4 percent, noting,
however, that the largest drop in GDP was marked precisely in the trade sector and equals
4.6 percent. Hasimbegovic added that average salary in the trade sector from January to late
August was RSD 28,143, which is considerably less than the country's average. In 2010, a
total of 197,362 workers were employed in the trade sector. The commodities exchange in
August 2011 compared to the same month in 2010 decreased by 9.4 percent in current
prices, or 18.3 percent in constant prices.
Average salary in September RSD 38,763
The average net salaries and wages paid in September 2011 in the Republic of Serbia totaled
RSD 38,763, and compared to the average net salaries and wages paid in August 2011, this
was a 1 percent increase in nominal terms and 0.8 percent increase in real terms. The
average net salaries and wages paid in September 2011 compared to September 2010,
increased by 12.1 percent in nominal terms and by 2.6 percent in real terms. The average
net salaries and wages paid in the period January - September 2011, compared to the period
January - September 2010, increased by 11.3 percent in nominal terms and by 0.9 percent
decreased in real terms. The average gross salaries and wages paid in September 2011
amounted to RSD 53,838. Compared to the average gross salaries and wages paid in August
2011, this was an increase of 1.0 percent in nominal terms and 0.8 percent increase in real
terms. The average gross salaries and wages paid in Serbia in September 2011 compared to
September 2010, increased by 12.1 percent in nominal terms and by 2.6 percent in real
terms. The average gross salaries and wages paid in the period January - September 2011,
compared to the same period in 2010, increased by 11.2 percent in nominal terms and 1
percent in real terms.
Control whether the employer paid contributions is needed
Tax Administration launched an initiative to perform control during payment of net earnings
in commercial banks whether the employer paid contributions on earnings, said Assistant
Director of Tax Administration Rada Kostic. For RTS Kostic said that such an initiative was
KLIPING d.o.o.
Preduzeće za monitoring i analizu medija, Braće Radovanovića 12, 11 118 Beograd, Srbija,
matični broj: 20328045, PIB: 105241994, tekući račun: SGYB 275-0000220812778-25.
E: [email protected], S: www.kliping.rs
DAILY NEWS, October 26th
launched by the Tax Administration two years ago and it was then accepted by the Ministry
of Finance. She said that with a little more than 600 inspectors the Tax Administration is not
in a position to control more than 300,000 taxpayers, 222,000 businesses and over 100,000
legal entities. Rada Kostic explained that there was no word on how the banks would control
employers, because employer control would remain under the jurisdiction of the Tax
Administration. "They will only not allow the calculation of net salaries and wages without
the balance of taxes and contributions," she added. On the other hand, the general secretary
of the Association of Serbian Banks Veroljub Dugalic said that the decision to make banks
check prior payment of taxes and contributions before the payment of wages is
unacceptable for the banks. Banks are not institutions that would have to control, nor do
they have trained personnel, or functional and organizational skills for affairs of this kind,
said Dugalić for RTS. In Serbia, as it was said, 50 percent of employers do not pay
contributions, and debt on this basis is about 230 billion dinars. Up to 75 billion relates to
the so-called bad debt because the company is bankrupt or poorly privatized.
Cvetkovic: The essence is to write off company debts
The Prime Minister and Minister of Finance Mirko Cvetkovic said today that the essence of
the Bill on the regulation of relations between Serbia and the debtors, is to define ways to
write off debts in the books of the debtors - the companies - because the state has already
returned the debts through public debt. This is a Bill on the regulation of relations between
Serbia and the debtors – users of public funds, for the obligations arising from foreign loans.
He stated that the point here are debts incurred before 1990 and that Serbia negotiated this
with the Paris and London Club during 2002 and 2003 and "with an appropriate discount
assumed the obligations which it now regularly services." Speaking on the Ratification of the
Framework Loan Agreement for the allocation of individual loans between KfW, Frankfurt,
and Serbia and the National Bank of Serbia - as an agent in the total amount up to 100
million euros - Cvetkovic said that this money was for local infrastructure projects and lesser
energy efficiency projects. On the agenda is a draft law on games of chance for which
Cvetkovic said that was necessary "given that the area in recent years has experienced an
expansion."
Letter to the World Bank for failure
During this week the Ministry of Environment, Mining and Spatial Planning will send a letter
to the World Bank "for failing in its latest report on operations for 2012, in which Serbia
occupies 175th place out of 183 countries when it comes to issuing building permits". "We
will ask for clarification on how is it possible that four years back the number of days
required for all procedures is always the same and is 279 days," said Deputy Minister
Nebojsa Janjic for Tanjug. According to Janjic, the latest World Bank report still refers to the
KLIPING d.o.o.
Preduzeće za monitoring i analizu medija, Braće Radovanovića 12, 11 118 Beograd, Srbija,
matični broj: 20328045, PIB: 105241994, tekući račun: SGYB 275-0000220812778-25.
E: [email protected], S: www.kliping.rs
DAILY NEWS, October 26th
procedure under the old Law on Construction, which had been in effect since 2003 to 2009.
Janjic stressed that the report did not state that a new law has been passed in the meantime,
in 2009, and this year changes to the law were adopted. Also, fees for building land, he said,
in all the World Bank reports so far, was considered the cost of obtaining building permits,
rather than compensation for the infrastructure.
KLIPING d.o.o.
Preduzeće za monitoring i analizu medija, Braće Radovanovića 12, 11 118 Beograd, Srbija,
matični broj: 20328045, PIB: 105241994, tekući račun: SGYB 275-0000220812778-25.
E: [email protected], S: www.kliping.rs