Serbian Economy - Challenges & Opportunities

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CCIS AND USAID OVERVIEW OF THE STATE OF THE ECONOMY

Regarding the current situation caused by the Coronavirus pandemic, the Chamber of Commerce and Industry of Serbia and the USAID project Cooperation for Growth conducted two iterations of the online survey “Overcoming the Crisis Together”, dedicated to Serbian businesses and entrepreneurs. The questionnaire focuses on the economic consequences of the crisis and its impact on doing business

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Overcoming The Crisis Together

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he goal of the survey is to provide a quick and valid overview of the state of the economy, during and after the outbreak of the crisis, and convey businesses’ attitudes related to the effects of the crisis, opportunities to adjust business models to a significantly changed environment, measures businesses have taken, as well as measures applied by state authorities to support the private sector. “The findings of the survey are valuable because they are “mirroring” the state of the economy and the reactions of businesses in the seventh week from the day of the decla-

ration of the state of emergency. We would like to express our sincere gratitude to all businesspeople and entrepreneurs who participated in the survey. Representatives of 806 businesses participated in the first iteration of the survey, conducted in the last week of March – the third week after the beginning of the crisis. The second phase of the survey was conducted at the end of April, in the seventh week since the outbreak of the crisis, with the participation of 1,000 businesses,” said Dragana Stanojević, Chief of Party at USAID’s Cooperation for Growth project. After seven weeks of the crisis, the strong-


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