Combating the gray economy remains continuously the focus of the Republic Administration for Inspection Affairs, stated the director of the Republic of Srpska Inspectorate, Milovan Krčo, in an interview for Glas Srpske.
In addition to undeclared work as a form of the gray economy, illegal activities are most commonly identified in crafts and service industries, as well as in accommodation rentals. Even registered entities have elements of the gray economy, in terms of the origin of goods and recording transactions, Krčo emphasized.
Commenting on the rise in prices of basic foodstuffs, Krčo added that around 300 inspections related to the compliance to the profit margin were carried out this year alone, resulting in fines totaling 135,000 KM for overcharging. He emphasized that the competent inspection service will continue to monitor the market and implement all measures aimed at price control in the upcoming period.
You can read the complete interview at the following link:
