The number of foreign tourists visiting Montenegro, representing some 88% of all tourists in the country, increased by 8.7 % y/y to 967,827 in January-August, the statistics office reported. In August alone foreign tourist arrivals rose by 5.2% y/y to 403,955. The number of domestic tourists, however, declined by 1.5% y/y to 134,812 in the first eight months but increased by 6.3% y/y to 51,230 in August. The total number of tourists in the country reached 1,102,639 as of end-August, up by 7.3% y/y. The number of foreign overnight stays added 11.1% y/y to 6,578,412 in Jan-Aug and 13.5% y/y in August. The overnight stays of domestic tourists dropped by 2.4% y/y in the period Jan-Aug and rose by 19.8% in August alone. |
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