Montenegro recorded a consolidated budget deficit of €2.50 million in August, equivalent to just 0.03% of estimated GDP, as a sharp increase in expenditure was largely…
Browsing: fiscal policy
Montenegro’s fiscal deficit increased to approximately 1.7% of projected annual GDP in January-August 2026, compared with around 0.9% in the same period a year earlier, as…
Montenegro’s proposed “Euro Model” reform would change wage levels, pension financing and municipal funding through a package of six draft laws adopted by the government on…
Montenegro adopted a new Law on State-Owned Enterprise Governance in June, seeking to improve the financial performance of state-owned enterprises (SOEs) through changes to management structures…
Montenegro’s progress towards European Union membership is increasingly linked to its financing conditions, as fiscal reforms, changes to state-owned enterprise governance and further progress in accession…
Montenegro’s Master Plan for Infrastructure Development, adopted in May, establishes a framework for improving the management of public investment, with the European Commission identifying better infrastructure…
Montenegro’s rising public investment, improved sovereign credit ratings and healthy bank balance sheets are strengthening the financing environment for infrastructure development, while the government’s infrastructure master…
Montenegro’s public investment programme is expanding rapidly, with budget capital expenditure increasing by 50% year on year in January-August 2026, broadly in line with the plan,…
Montenegro has introduced changes to its budget oversight framework as public spending pressures increase, with a revised Law on Budget and Fiscal Responsibility adopted in August…
Moody’s and Standard & Poor’s upgraded Montenegro’s sovereign ratings in September, as the government increases infrastructure spending and prepares for a major Eurobond repayment in 2027.…
