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Setting the Discount Rate for Public Investment Projects in Serbia (Английский)

Serbia has continually developed its Public Investment Management (PIM) framework for the past several years. In July 2019, the Government of Serbia (GoS) adopted a new Decree on PIM which defines key documentation requirements for the pre-implementation stages of public investment projects, including appraisal, review of appraisal and selection of projects for financing. The Decree envisages for the Ministry of Finance (MoF) to annually estimate...
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