IMF mission sees progress in budget consolidation in Montenegro.

By bne IntelliNews March 7, 2012
The IMF delegation, which arrived in Montenegro on Feb 23, concluded that the country has achieved progress in terms of budgetary and financial consolidation despite worsening of the external economic environment, the press office of the government announced. Montenegro's stands out with respect to reforms implemented and progress achieved, the head of the IMF delegation, Gerwin Bell, and PM Luksic noted. The mission is expected to offer Montenegro recommendations as to how to proceed with the reforms in order to secure long-term growth and competitiveness.

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss