Developing infrastructure in the country, primary in the transport and energy sectors, will be a focal point for the continued collaboration between Montenegro and the EBRD, finance minister Milorad Katnic and representatives of the bank agreed, according to a press released posted on the website of the government. Planned projects also include support to the banking sector and the small and medium enterprises (SMEs). The current level of cooperation between the EBRD and Montenegro was assessed positively by both sides. |
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