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%…
Browsing: public finance
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…
Montenegro’s Tax Administration collected €1.04 billion in gross tax revenue during the first seven months of 2026, an increase of €83.1 million, or 9%, compared with…
The European Commission has called on Montenegro to strengthen control over current public spending, reduce fiscal privileges and improve oversight of state-owned enterprises as the country…
Montenegro’s economy is expected to grow by around 3 per cent in 2026, supported by household consumption, tourism, construction and infrastructure investment, while persistent inflation, a…
Montenegro’s accumulated tax debt has reached approximately €750 million, reflecting a widening gap between improved current tax collection and the state’s limited ability to recover long-standing…

