Government gave EUR 628 mln in subsidies in the first half of 2023

The Business Register Agency (APR) has published the Map with the Registry of Regional Development Measures and Incentives (RegMPRR Map), which shows state investments and economic development in the first half of this year.

According to these data, the total state incentives granted in the first six months of 2023 amounted to 73.5 billion dinars (about 628 million euros), where 65.4 billion dinars or 88.9 percent were in the form of grants.

The Map with the Registry of Measures and Incentives for Regional Development (RegMPRR Map), which shows data on state investments, economic development and economic potential, shows that most of the incentives are directed to the business sector, i.e. 36.3 billion dinars or 49.4 percent of all granted subsidies.

In the first six months of this year, incentives to educational and scientific institutions amounted to 17.8 billion dinars, which is 24.2 percent and to local governments 13.5 billion dinars (18.4 percent).

Compared to the same period of the previous year, three times more subsidies were given to local self-governments, while 10.2 percent more were given to educational and scientific institutions.

Education, infrastructure, exports, environment

In regard to the subsidy purpose, 88 percent of the total realized incentives (64.7 billion dinars) were directed to education, science, culture and sports (22.1 billion dinars), transport infrastructure (20.5 billion dinars), encouraging production (6.8 billion dinars), communal infrastructure (5.9 billion dinars), promotion of exports (5.2 billion dinars) and environmental protection (4.2 billion dinars).

The biggest increase in subsidies, compared to the same period last year, was in communal infrastructure, export promotion and environmental protection.

Total incentives granted last year totalled 229.9 billion dinars (about 1.95 billion euros), which is 10.3 percent more than the year before.

(Nova Ekonomija, 27.10.2023)

This post is also available in: Italiano

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