Favorable macroeconomic trends in Montenegro continued in 2023, with high economic growth achieved in the first quarter of the year, which, according to Monstat’s preliminary data,…
Browsing: budget revenues
In addition to the achieved budget surplus of EUR 196 million in the first eight months, the state will need new debts this year and a…
The surplus of the state budget in the first eight months was achieved at the level of EUR 196 million or 3.2 percent of the gross…
The senior economist of the World Bank (WB), Marc Schiffbauer, praised the increase in budget revenues this year, as well as the previous reforms implemented by…
Due to favourable trends in public finances, in May the Government adopted a budget rebalance. With the rebalancing of the budget, revenues and expenses were increased…
According to the data of the Ministry of Finance, in the first quarter of 2023, total budget revenues were at the level of EUR 545.7 million,…
Budget revenues during the first two months of this year amounted to EUR 312 million or 5.1% of the estimated GDP and are higher by EUR…
State revenues from concessions for games of chance last year amounted to EUR 16.2 million and are two million more than in 2021, and about 400…
The budget surplus in January was EUR 53 million, or 0.9% of GDP, the Ministry of Finance announced. According to the data of this department, budget…
Frequent changes in the taxation system and tax rates introduce uncertainty, unpredictability and additional costs, and disincentivize current and potential investors to invest in Montenegro, announced…