Montenegro has adopted a 2027–2031 Public Financial Management Reform Programme covering budget execution, accounting, reporting and financial control as the country prepares for increased access to…
Browsing: public finance
Montenegro’s proposed Euro Model wage and tax reform could reduce revenues in some northern municipalities by 10%-30%, according to estimates raised during consultations with businesses and…
Montenegro’s gross public debt declined during the second quarter of 2026, while a larger reduction in government deposits resulted in a higher net debt position at…
Montenegro’s state pension system required around €253 million in additional budget funding during the first seven months of 2026, renewing attention on voluntary retirement savings and…
The European Bank for Reconstruction and Development (EBRD) has an active portfolio of €533 million in Montenegro, with sustainable infrastructure accounting for €407 million, or 76%…
Montenegro’s public debt has expanded significantly over the past two decades, even as economic growth and higher nominal GDP have reduced the debt burden relative to…
Montenegro’s gross public debt reached approximately €5.134 billion at the end of March 2026, equal to around 59.9% of GDP, with the Government expecting the ratio…
Montenegro recorded €1.437 billion in budget revenue during the first half of 2026, an increase of approximately 8.6% year on year, while expenditure reached about €1.552…
Montenegro is projecting continued economic expansion through 2029 as public investment, European Union-linked financing and high-end tourism development remain important drivers of activity. The government’s latest…
Montenegro’s sovereign rating has improved in recent years, but the country’s average public-debt cost increased from 2.22% in 2022 to 3.30% in 2025, reflecting higher European…
