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19.04.2021.

Clarification by the Ministry in regards to recent press coverage of Chinese loan

In order to clarify speculations arising in regards to the recent press coverage on $1bn Chinese highway loan, Ministry of Finance and Social Welfare wishes to reiterate that public finances of State of Montenegro are in a sustainable shape and fully aligned with the convergence Maastricht criteria with respect to 3% deficit limit. As of April 15 2021, revenues and expenses are fully in line with this year’s proposed budget that presumes 2.98% fiscal deficit for this year - a steep reduction from 10%+ from the last year, reflecting the government’s efforts to reach the fiscal targets sooner that rating agencies deemed reachable only in 2023/2024. We have also decreased our gross debt/GDP ratio from 105% as of Dec 2020 to 97% currently, as well as net debt/GDP ratio from 89% in Dec 2020 to 85% as of April 2021...

22.03.2021.

Public invitation to domestic and international law firms to submit bids for advocacy of Montenegro in arbitral procedure against dr Duško Knežević, Atlas Capital Holding Limited and Meljine Complex Limited

Dr. Duško Knežević, Atlas Capital Holding Limited and Meljine Complex Limited have submitted the Notice for Arbitration against Montenegro, under Article 9 of the Agreement between Serbia and Montenegro and the Republic of Cyprus on Reciprocal Promotion and Protection of Investments, and in accordance with the Arbitration Rules of the United Nations Commission on International Trade Law (“UNCITRAL Rules”)...

29.01.2021.

European Bank for Reconstruction and Development (EBRD) call for consulting services

Here you can find more information about European Bank for Reconstruction and Development (EBRD) call for consulting services

21.01.2021.

Supply contract: Purchase of equipment for practical training in VET: Clarifications and Corrigendum to the Tender Dossier

Here you can download Clarifications and Corrigendum to the Tender Dossier

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