The Government of the Republic of Serbia, at the proposal of the Ministry of Economy, adopted the Program of financial support to economic entities for maintaining solvency and working capital in difficult economic conditions caused by the COVID – 19 pandemic.

The main goals of the Program are to provide support to economic entities for the procurement of working capital, as well as for maintaining current solvency, with the aim of regularly settling the obligations to business partners, employees and the state in the difficult conditions for conducting business operations due to the COVID – 19 pandemic.

The realization of the Program will be done through the Development Fund of the Republic of Serbia until the funds from the Program are spent, and no later than December 10, 2020.

24,000,000,000 dinars were earmarked for the realization of the Program.

Entrepreneurs, cooperatives, micro, small and medium-sized companies that are in majority private or cooperative ownership and that conduct manufacturing, service, trade and agricultural activities have the right to use the funds.

All questions regarding the Program can be asked via e-mail office@fondzarazvoj.rs
Requests are to be submitted electronically to the e-mail address   prijemzahteva_covid19@fondzarazvoj.rs

Further information on the solvency loan program is available on https://fondzarazvoj.gov.rs/cir/proizvodi/likvidnost-covid19

Source: Development Fund of the Republic of Serbia and Coordination Body