The World Bank will lend USD 215mn to support various projects in Montenegro in the next four years, the Banks coordinator for southeast Europe, Jane Armitage, was quoted by newswire seebiz.eu. The Banks support will focus on several key areas high education and science, environment protection, agriculture and health. It will also include a loan for budget support to the financial sector. Montenegro became a member of the World Bank in January 2007. |
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