AFA Association (Association for Affirmation of Women's Potential and Networking) association dedicated creating a platform for connecting women and their active participation in socially important projects, organized it today is the first business lunch of the year where the guest of honor was the Minister of Finance in the Government of the Republic of Serbia Dusan Vujovic.
More than 70 participants of today's meeting had the opportunity to learn first hand what awaits us in the year ahead in the field of economy.
The first speaker at the AFA business lunch was Mr Periša Ivanovic assistant to the Executive Board of AIK Bank who, among other things, said that AIK Bank has been developing its value system for many years based on the principles of dedication and respect for its clients. By listening carefully to its clients, AIK Bank strives to assess all the clients' business needs and support appropriate communication, both in the relationship between the client and the bank, and in the relationship between the client and the business environment, bearing in mind first and foremost the need to provide timely information to clients regarding economic and financial matters. policies that are conducted at the level of the Serbian economy.
Minister of Finance Dušan Vujović spoke in his opening presentation about the economic trends and plans of the Government of Serbia for 2018, about economic reforms and trends in 2018, as well as about gender-responsive budgeting. Commenting on the structural reforms, Minister Vujović emphasized that there are nine areas of these reforms as well as eighteen sub-areas, fourteen of which have a gender aspect.
The minister specifically pointed to the importance of the fourth area of priority structural reforms which refers to the business environment and the fight against the gray economy within which gender aspect have got a package of measures to improve access to SME funds and the introduction of corporate governance in public companies with the aim of increasing the number of women members of management boards.
"The path Serbia is moving in every respect is positive and sustainable, which everyone recognizes and Serbia is one of the few countries in the world that managed to reverse the negative trend of falling GDP in the midst of fiscal consolidation, the minister said today at the AFA business lunch Vujović.
"This is the so-called expansive consolidation, since there is a constant thesis that any consolidation must be restrictive. It must, if you don't know what you are doing, it must, if you go too far with restrictive measures and don't know how to combine them with measures that support growth", added Minister Vujović.
The minister said that we should focus on areas that will have a very high growth rate in the future and support things in the field of the digital economy. He emphasized that we should not go back to the past and get carried away with the idea that the share of industry in the GDP should be increased to 60 percent. "Serbia ended 2017 with a surplus of 1,0 percent of GDP, and this year it plans a deficit of 0,6 percent of GDP at the central state level and 0,7 percent at the general state level. The deficit is four times smaller than Maastricht, and all countries in Europe have problems complying with Maastricht", said Minister Vujović. Reforms and restrictive policy were necessary, as he pointed out, because the situation in the budget of the Republic of Serbia in 2014 was catastrophic. At today's meeting of the AFA women's network, the minister stated that, apart from the infrastructure in which the Government of Serbia is investing, the program of economic reforms known as ERP, which envisages the reform of the tax administration and the reform of public finance management, is coming to an end.
Žaklina Kušić - Nikolić president The AFA Association addressed the audience with the following words:
"This is the first in a series of meetings between the AFA Association and our partners, which aim to start a dialogue on various topics and to contribute to the spread of information, knowledge and ideas, as well as to encourage joint engagement in solving important issues of society. We are glad that we started the year with the topic of economic reforms, which are very important for the progress of our economy, the position of women, as well as for gender-responsible budgeting, emphasized President Kušić-Nikolić.
Today's business lunch with the Minister of Finance, Mr. Dušan Vujović, is a gathering that the AFA Women's Network managed to organize thanks to the support of the network's partners - AIK Bank.
Today's event presents the first in a series of sets that AFA is preparing for its members, which will cover various topics that are important for the development of the economy, economy and society and that we can improve together, encouraging cross-sector cooperation and joint engagement.
Source: AFA Association press release
About the AFA Women's Network:
AFA Women's Network, project AFA Association aims to include as many women as possible from different fields with the aim of mutual cooperation, exchange of experiences and mutual support. The network gathers ambitious, self-aware and proactive women who are interested in constantly educating themselves, informing themselves, developing their potential and actively participating in changing society for the better. The untapped potential of women is enormous and the economy and society thrive better when they are fully involved. AFA Women's Network believes that together we can provide better conditions for all of us and be a positive driver of society and change for the better.
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