The number of foreign tourists visiting Montenegro, representing some 87.6% of all tourists in the country, increased by 10.3% y/y to 1,189,355 in January-November, the statistics office reported. In November alone, foreign tourist arrivals inched down (by 0.1% y/y) for the first time in the last five months after rising by 25.4% y/y to in October. The number of domestic tourists in the first eleven months sustained the negative trend, declining by 1.5% y/y to 167,730. The total number of tourists in the country reached 1,357,085 as of end-November, up by 10.2% y/y. The number of foreign tourist overnight stays added 12% y/y to 7,781,463 in the period from January to November and 9.6% y/y in November alone. The overnight stays of domestic tourists dropped by 2.5% y/y in Jan-Nov and by 1.9% in November. |
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