To promote the process of regulatory reform and systematically conduct Regulatory Impact Analysis (RIA) of new laws and regulations, the Government of Serbia introduced mandatory RIA for each new law, and other regulatory instruments such as decrees and orders as per the amendments to the Rules of Operation of the Government adopted on 14 October 2004 (published in the Official Gazette of the Republic of Serbia No.113/04).
The Council for Regulatory Reform of Serbia, established by the Government in 2003, is empowered to perform the function of coordination and quality control of the Regulatory Impact Assessments prepared by the relevant Ministries. The Regulatory Reform Secretariat was established as the provisional technical advisory unit of the Council for Regulatory Reform on RIA, with Decision of the Ministry of Economy of November 12, 2004. Funding and support to the Government of Serbia was provided by the Swedish International Development Agency (Sida) and the World Bank Group through The Regulatory Reform and RIA Project for Serbia.