Since moving back, Tim has founded several businesses, as well as a nonprofit that helps people of color start and grow their own businesses. Entrepreneurship and Small Business Development As with Tim and his clients, entrepreneurship opportunities can motivate residents who have left rural communities to return home--or to keep them from moving away in the first place.
Since the start of the year, the Serbian economy also saw a significant improvement in external imbalances. After it went down by more than a third last year, the current account deficit began to decline since the start of 2021 and equalled only 1.8% of GDP in the first half of the year.