The Montenegrin government is confronted with the need for substantial financial resources to establish a strategic system of commodity reserves aimed at ensuring supply security for essential goods. Estimates indicate that the country will require over €200 million annually to implement and maintain these reserves effectively. Initial costs for setting up the system are projected at approximately €21.3 million in the first year, with around €18.8 million earmarked for procurement and storage infrastructure alone.
Currently, Montenegro operates without a functioning system of commodity reserves, having discontinued its national reserves regime in 2003. This absence has left the nation vulnerable to disruptions in supply and fluctuations in prices, particularly concerning food staples and energy-intensive products. The establishment of formal stockpiles, in line with practices adopted by numerous European Union countries, necessitates the creation of dedicated storage facilities, logistical networks, and administrative capabilities, all contributing to the high projected costs.
Discussions among government officials regarding this initiative have been shaped by both international standards and local experiences with previous shortages. Various implementation models are being considered, including public-private partnerships or hybrid procurement frameworks. The significant estimated annual expenditure highlights the level of investment and fiscal commitment required to develop a robust reserves system that can bolster Montenegro’s food and energy security against potential economic shocks or supply chain interruptions.
