The number of foreign tourists visiting Montenegro, representing some 74% of all tourists in the country in March, grew by 22.6% y/y to 16,219, the statistics office reported. The number of foreign tourist arrivals returned to growth after following by 23.8% y/y in Feb. Domestic tourists number also rose in March - by 7.4% y/y after dropping by 30.2% y/y in the previous month. The total number of tourists that visited the country in March reached 21.900, up by 18.3% y/y. The number of foreign tourist overnight stays increased by 23.7% y/y to 59,320 in March. The overnight stays of domestic tourists dropped by 4.2% y/y to 21,424. In Jan-March, total tourist arrivals rose marginally by 0.4% y/y, as the cumulative foreign tourist number rose by 5.2% y/y and domestic tourist number decreased by 10.3% y/y. |
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