Serbia and Bosnia and Herzegovina both plan to increase research spending. Serbia has announced Serbia 2020, a strategy designed to increase research funding from its current 0.3% of GDP to 2% within a decade. The strategy’s seven key areas, which will receive the majority of funding, are biomedicine, environmental protection, climate change, energy, agriculture, food science, and information and communications technology. Serbia’s science budget for 2011 is €135 million ($182 million), including a maximum of €100 million ($135 million) for research equipment. Bosnia and Herzegovina is governed by the Federation of Bosnia and Herzegovina (FBH) and by Republika Srpska, which contribute a respective 0.05% and 0.07% of their GDPs to research funding. FBH plans to develop its first science strategy, which should result in $109 million in science funding in 2012 and $225 million by 2016. Nearly 50% of the funds would be for natural and technical sciences, with about 30% for medical and biomedical sciences.

Source: ScienceInsider