News
25.06.2011.
The country plans to reduce its government debt to 35 percent of GDP by 2015 from some 45.5 percent this year, Katnic said, adding that this ratio is due to fall 2 percentage points in 2012 when GDP is seen expanding 3.5 percent after 2.5 percent growth in 2011...
24.06.2011.
Negotiations between the representatives of the Ministry of Finance and the World Bank ended today and Montenegro has been officially approved the loan in the amount of EUR 59,1 million. WB’s Board of Directors will bring the final decision on the agreed loan arrangement at the end of August or in early September of the current year...
24.06.2011.
Fiscal consolidation is one of the leading challenges of both Montenegrin and the region’s economies, and it should, in the first place result in the public consumption decline, said the Finance Minister Milorad Katnić PhD., at the Regional Forum “Post – Crisis Growth Strategies” held today in Ljubljana...
18.06.2011.
Katnic said he had no concerns that the Greek debt crisis would lead to demands that Montenegro, which is seeking to join the European Union, stop using the euro as its currency...
30.05.2011.
When all our achievements are found at one place, as you enumerated them now, a very nice feeling of proudness and satisfaction over the things that have been done is experienced. This overview of the past period and praises obtained by Montenegro from the international institutions represent a confirmation of its political and economic maturity...
24.05.2011.
Here you can download Bulletin 22...
20.05.2011.
First of all, I would like to emphasize a great pleasure of being here today, on the occasion of one reform getting its practical implementation. Starting from today, the initial step of businesses towards the realization of business projects and ideas will be facilitated. The unified registration will bring our system closer to the modern market economies that provide their participants with a simple entry to the market. This is also one of the preconditions envisaged by the Copenhagen Economic Criteria that Montenegro is obliged to meet on its path to the European Union membership...
20.05.2011.
On behalf of the GG Activity, which is funded by USAID, I would like to congratulate the GoM &MOF in this very important step on the road to positively reforming the legal and regulatory frameworks supporting the business environment in MNE...
20.05.2011.
There is not one single policy that fosters innovation, improves competitiveness, accelerates growth, and, ultimately, creates a professional perspective and income for Montenegrins. Especially when a country does not have at its disposal macroeconomic policy instruments (such as exchange-rate or monetary policies), when it finds itself in a situation where a more expansionary fiscal-policy stance risks to undermine macroeconomic stability, pro-growth policies are—in the end—a series of measures aimed at strengthening public institutions and making more efficient the services that the public administration provides...
19.05.2011.
Starting from Friday, 20 May 2011, new business organizations will be able to register a company, register for taxes, and obtain VAT and excise tax and customs number, all at one place. Therefore, new companies will not have to go to several counters and to several different institutions, meaning they will not waste their time and money...