The Ministry of Finance has allocated nearly €2 billion for infrastructure and development projects over the next three years, according to the Fiscal Strategy. Of this total, €1 billion will come from budget revenues, while the remainder will be sourced from European grants and loans arranged with European banks.
Key investments will focus on transportation infrastructure, with the largest project being the motorway segment from Mateševo to Andrijevica, estimated to cost around €605 million.
Jelena Jovetić from the Ministry of Finance highlighted that the European Commission’s support includes a €200 million grant and a €200 million favorable loan from the European Bank for Reconstruction and Development. This backing is crucial for completing administrative procedures within this fiscal year, aiming for the project’s start in early 2025.
Prime Minister Milojko Spajić also announced the development of a four-lane expressway connecting Nikšić and Pljevlja, which will feature a new bridge over the Tara River.
The upcoming year is expected to be critical for investments, not only in road and rail infrastructure but also in education, including the renovation of existing facilities and the construction of new ones. The Fiscal Strategy also foresees investments in healthcare infrastructure, as well as in sports and cultural facilities, according to government statements.
