Montenegro needs to maintain prudent fiscal policy - World Bank.

By bne IntelliNews February 13, 2012

The World Bank mission, which left Montenegro on Friday, February 10, expressed positive opinion concerning the financial sector in the country and emphasized the need for prudent fiscal policy in view of the eurozone crisis, the press office of the finance ministry informed. Montenegro has recorded positive developments in its banking sector, particularly in terms of reduction of overdue loans and increased focus of banks on small and medium enterprises. The World Bank representatives announced the preparation of a study on Montenegro that aims at researching the country's prospects and investment climate.

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