Montenegro has completed more than 90% of its obligations under the EU Growth Plan, positioning the country to access further grants, concessional financing and infrastructure support linked to reform implementation. European Commission President Ursula von der Leyen said Montenegro was leading the Western Balkans in implementing the programme. Brussels is also expected to present a new roadmap outlining additional steps and deadlines.
Montenegro has been allocated €383.5 million through the EU’s 2024–2027 Reform and Growth Facility. The package comprises approximately €110 million in grants and €273.5 million in concessional loans. Around €89.3 million had been released under the programme. The funding is tied to reform milestones in areas including governance, the business environment, digitalisation, energy, infrastructure and preparations for deeper participation in the EU single market.
The Growth Plan also affects Montenegro’s investment pipeline through the Western Balkans Investment Framework, where EU grants are combined with financing from the European Investment Bank, European Bank for Reconstruction and Development and other lenders. This financing structure is increasingly relevant to transport, energy and environmental projects, reducing the pressure such investments would otherwise place on public finances. For businesses, implementation of the Growth Plan can support additional infrastructure tenders, digitalisation projects and regulatory convergence with EU markets. The pace at which Montenegro implements the remaining reforms will determine the movement of the outstanding programme funds into investment and economic activity.
