IMF officials praised Montenegro’s progress in implementing structural reforms, maintaining financial stability, and strengthening economic resilience, commending the professionalism of the Central Bank of Montenegro (CBCG) and the Ministry of Finance.
During the IMF and World Bank Annual Meetings in Washington, CBCG Governor Irena Radović and Finance Minister Novica Vuković met with IMF European Department Director Alfred Kammer and Montenegro Mission Chief Srikant Seshadri to discuss current economic developments, ongoing cooperation, and reform plans.
Radović highlighted recent CBCG achievements related to EU accession, including regulatory alignment, joining the SEPA payment system, advancing the TIPS clone project, and strengthening anti–money laundering and counter–terrorism financing frameworks. The IMF agreed that Montenegro’s banking sector remains stable, well-capitalized, and liquid.
Vuković emphasized that strengthening the economy is Montenegro’s top priority, noting that aviation development will play a key role in boosting tourism, investment, and overall growth. From next year, Montenegro will be connected to 12 countries and 14 European cities through new flight routes, supporting faster economic expansion.
He also underlined the importance of capital projects and balanced regional development as foundations for long-term stability and prosperity, and the key role of the Finance Ministry in advancing EU integration.
The Montenegrin delegation also participated in the IMF–World Bank plenary meeting, where IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga urged policymakers to focus on resilience and growth amid global uncertainty.
Earlier, Radović attended the Women Leaders’ Breakfast Discussion hosted by World Bank Vice President Antonella Bassani, where she stressed the importance of women’s economic leadership and financial inclusion in building sustainable and inclusive financial systems.
