The U.S. Government's Overseas Private Investment Corporation (OPIC), is considering providing credit support to the private business in Montenegro, it became clear after the meeting between president Filip Vujanovic and OPIC management, national TV broadcaster RTCG informed. OPIC President and CEO Elizabeth Littlefield noted that the institution would extend credit resources to the country after a careful examination of the opportunities. Moreover, she pointed out that OPIC might support U.S. companies, which were interested in implementation of strategic infrastructure projects in Montenegro, especially in the fields of energy efficiency, tourism and transport. OPIC is the US government's finance institution. It helps U.S. businesses gain footholds in emerging markets and provides investors with financing, guarantees, political risk insurance, and support for private equity investment funds. |
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