USAID Serbia and Montenegro
Support to companies (Serbia) in vulnerable areas increased their competitiveness. 2008 sales at trade/shows fairs for assisted companies up 42%. | Economic systems (Serbia): Helped introduce: VAT; private pensions; investment funds; sound insurance industry, bankruptcy and enforcement and modern payment systems. | Opportunity Bank (Serbia) loans created 5,000+ new jobs and ensured 40,000+ existing jobs were kept. Only lender for vulnerable people who have little access to credit. | Corporate Social Responsibility (CSR) (Serbia): Civil Society activities have brought together 14 major companies and an array of NGOs to establish culture of CSR. | Preparedness Planning (Serbia): USAID works with all levels of government to improve disaster risk reduction, trained 675 responders from 50 Municipalities on disaster management. | Civil Society Grants (Serbia): USAID assisted 160 Civil Society organizations with $5.2 million in 2.5yrs to better represent the needs of ordinary people & become more influential partners with businesses and government in the democratic process. | Media (Serbia): USAID media assistance has contributed to more independent, professional and financially viable media outlets and media associations. The regulatory environment now better supports the development of e-media; 2,000+ media professionals trained. | Court Reform (Serbia): U.S. assistance helped increase independence and the professional skills of judges, magistrates and prosecutors; provided legal assistance to victims of war crimes and human rights abuses. | Local governments (Serbia): Through work with a wide geographic spread of municipalities, local governments are now more responsive: 30+ Citizen Assistance Centers, E-government in 80+ Municipalities. | Youth (Serbia): Junior Achievement in 90 schools in 2009. USAID supports efforts of the Ministry of Youth/Sports to better prepare youth for post-graduation work opportunities. | Agribusiness (Serbia): Serbian companies assisted made $16.7m in registered sales in 2008. Recent trade shows expected to bring over $17m in contracts. | Local Economic growth (Serbia): Municipalities in USAID’s Municipal Economic Growth Activity attracted over 800m Euro in investments and created over 11,000 jobs in two years by becoming more business friendly; 270 new businesses opened; 26 Local Economic Development offices set up to actively attract investments. | Commercial Courts (Serbia) have become more efficient and transparent with Case Management Systems in all 16 courts and the High Commercial Court. Case backlogs cut drastically. | Compete Project (Serbia): Helping to bring Serbian companies back into world market – leading directly to $20.5m in 2008 exports. Helping to introduce International Industry standards that allow companies to compete in the global marketplace. Attracted major film productions and millions in investments. |
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USAID announces new economic development program for Northern Montenegro

USAID Montenegro OIC Ramsey Day visits the STARS
program office in Kolasin. From left to right:
Ramsey Day; Mrs. Elizabeth Markovic, Director of the STARS
program; and Jason Hyland, Director of the
Office of South-Central Europe at the U.S. Department
of State

Deputy Chief-of-Mission of the U.S. Embassy in Podgorica Stephen Kontos and the newly arrived Officer-in-Charge (OIC) of USAID in Montenegro Ramsey Day recently visited the local community of Gusinje and the municipalities of Kolašin, Plav and Andrijevica in northern Montenegro. During the visit to Kolašin, local and national media representatives were informed about USAID’s new program for the economic revival of the north, named “Stimulating the Development of the Northern region of Montenegro (STARS)”. The $10 million dollar, 3-5 year program will help northern Montenegro apply a systematic approach to private sector economic development.

The program is intended to harness the insights and energies of all relevant stakeholders in order to create a common vision and strategy that benefits local communities, increases revenue, and generates greater private sector investments. While the Northern region spreads over half of Montenegro’s territory, it only attracts 10% of the visitors and account for only 1% of the overnights.

This USAID program will work with entrepreneurs, small and medium size businesses and citizens, and the central and local governments, to promote economic development in the North by realizing its vast economic potential, especially in eco-tourism and agriculture.

The visit also provided an opportunity for USAID to engage with local government leaders, businesses and tourism sector representatives on critical issues influencing the economic future of the region and potentials for effective partnership under the auspices of this economic development program.

US Embassy delegation tours the North of Montenegro. From left to right:
Jason Hyland, Director of the Office of South-Central Europe at the
U.S. Department of State; Stephen Kontos, Deputy Chief-of-Mission of
the U.S. Embassy in Podgorica; Elizabeth Marković, STARS program
director; Ana Leković, USAID Montenegro; and Ramsey Day, USAID Montenegro OIC