World Bank (WB) country manager for Serbia Loup Brefort has said that Serbia needs to change its business course, and that it has no more time to lose.

At a conference held in Mokra Gora, Brefort recommended boosting exports of investment, adding that the WB supported this solution.

Brefort said that the pre-crisis model was no longer applicable if GDP was to grow from five to six percent.

He went on to say that Serbia had no time to spare as it was already lagging behind other, speedier nations.

It is not merely enough to feel the direction that we need to be heading in, we also need to move more quickly, less we begin to fall behind, Brefort said, and called on the government to implement concrete steps