The European Bank for Reconstruction and Development (EBRD) has increased its growth forecast for the Montenegrin economy this year by 0.3 percentage points, projecting a growth…
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Finance Minister Novica Vuković spoke to Bankar.me about potential government borrowing options, including issuing retail bonds by the end of the year. According to Vuković, retail…
Economic analyst Predrag Zečević has assessed that Montenegro is currently managing its public debt effectively. With deposits and gold reserves included, the debt level falls below…
As of June 30, 2024, Montenegro’s total public debt stood at €4.54 billion, representing 62.37% of the country’s Gross Domestic Product (GDP), according to the Ministry…
In the first five months of the year, Montenegro’s budget achieved a surplus of EUR 33.1 million, equivalent to 0.5% of the estimated Gross Domestic Product…
The Government of Montenegro has finalized the Draft Law on the Final Account of the Montenegrin Budget for 2023. According to preliminary data from the Statistical…
In the first quarter of 2024, Montenegro’s budget posted a deficit of EUR 5 million, even as revenues saw a boost. The country experienced a 31.2%…
High public spending, limited revenues, and forthcoming substantial debt repayment obligations pose the greatest challenges to Montenegro’s economy, which is expected to experience slowed growth through…
Montenegro’s Ministry of Finance recently disclosed that by the end of March, the country’s public debt, excluding deposits, had escalated to €4.67 billion, representing 66.36% of…
The Governor of the Central Bank of Montenegro, Irena Radović, has received positive feedback from the IMF and the World Bank regarding the country’s financial stability.…