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The Ministry of Agriculture, Forestry and Water Management in cooperation with the World Bank in 2021 presents a new financing model, known as 50:40:10, to strengthen micro, small and medium agricultural producers and enterprises, and improve agricultural production and competitiveness through the Project competitive agriculture of Serbia. The mentioned project is actually a part of a new approach in agriculture and will provide support to agricultural producers, small and medium enterprises, who want to learn, improve and develop their capacities and transfer knowledge from agricultural to entrepreneurial approach with agricultural resources. The project will also provide support to agricultural development institutions in the Republic of Serbia by working on capacity building and helping them reduce costs through the use of ITC technology, sustainable access to the environment and effective results, and connecting farmers with banks and the market. The project of competitive agriculture in Serbia is being implemented in the period from 2021 to 2024.

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