Montenegro and China signed agreements on economic, technical and administrative cooperation, the cabinet press office informed. The accords were initialed by deputy PM Vujica Lazovic and deputy trade minister of China Dzong San. According to one of the the agreements, China will provide a EUR 1mn grant to Montenegro. The funds will be used for implementation of projects that will be agreed by the two governments in the coming months. The other two agreements relate to enhancement of cooperation in the infrastructure field as well as the performance of educational programmes on environment and infrastructure management. |
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'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 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