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This report presents the findings of the first independent monitoring efforts carried out by the NCEU Intersectoral Working Group (IWG) on the implementation of the Reform Agenda of the Republic of Serbia under the Reform and Growth Facility (RGF). The report covers thirty-seven reform steps due by 31 December 2025, across four out of the five policy areas of the Reform Agenda: Business Environment and Development of the Private Sector (7 steps), Green Transition – Energy (8 steps), Digital Transition (8 steps), and Fundamentals (14 steps). The Human Capital policy area does not include any reform steps with deadlines falling within this monitoring cycle. Three of the thirty-seven steps were approved by the European Commission in its first payment assessment in January 2026; this report reviews them from the perspective of the sustainability of reform results. For the remaining thirty-four steps, the IWG provides a detailed implementation assessment. The assessment draws on thirty-seven step-level monitoring reports prepared by the IWG’s six subgroup coordinators, as well as on official sources, independent monitoring outputs, and the coordinators’ direct involvement in the reform processes under review.
Download the report per policy area:
The report in Serbian will be available soon.


