Montenegro to take EUR 50 million from European Investment Bank to support small and medium size business

At today’s session, the Cabinet gave its approval to the Investment and Development Fund of Montenegro to enter into a loan agreement with the European Investment Bank (EIB) worth EUR 50 million. The loan is aimed at supporting small and medium size enterprises and development of infrastructural projects in Montenegro, Finance Minister Milorad Katnić said following the Cabinet meeting...

Ministry of Finance published Bulletin XXVI

Ministry of Finance published Bulletin XXVI...

Interview of the Minister of Finance, Milorad Katnić, for Reuters

Montenegro wants to boost growth through investments, undergo fiscal consolidation and cut state spending by the end of 2012 and in 2013 to offset economic downturn and secure growth, its finance minister said in an interview...

Montenegro to Borrow 100 Million Euros From Credit Suisse Group

Montenegro agreed to borrow 100 million euros ($123 million) from Credit Suisse Group AG, sixty percent of which will be backed by World Bank guarantees, the Balkan nation’s Finance Ministry said...

Montenegro takes EUR 100m loan from Credit Suisse, World Bank guarantees secure very favourable terms

Podgorica, Montenegro (19 July 2012) – Finance Minister Milorad Katnić signed earlier today on behalf of the Government of Montenegro a loan agreement with Credit Suisse Bank and the International Bank for Reconstruction and Development (IBRD) worth EUR 100 million, guaranteed by the IBRD, a World Bank Group institution...

Press Release: Minister of Finance met with the new head of mission of the International Monetary Fund for Montenegro

Minister of Finance Milorad Katnic met with the new head of mission of the International Monetary Fund for Montenegro Nadeema Ilahi. Meeting was also attended by former head of mission of the International Monetary Fund for Montenegro Gerwin Bell and deputy minister for Budget Nemanja Pavlicic..

Press Release: Moody’s Affirms Montenegro’s Credit Rating

Credit Rating Agency Moody's has today affirmed the outlook on Montenegro’s ratings - Ba3 with stable outlook, which in addition to the last year’s outlook improvement from negative to stable, represents a great news and confirmation of Government’s efforts in maintaining the fiscal stability and overall economic environment...

Monthly Macroeconomic Indicators, May 2012

Monthly Macroeconomic Indicators, April 2012

Please find new MMI publication attached...