News
29.12.2010.
Milorad Katnić was born on 12th December 1977, in Podgorica, where he finished elementary and high school. After enrolling in 1996, he graduated from the Faculty of Economics at the University of Montenegro in 2000, course “Entrepreneurship and Entrepreneurial Finance”. At the same Faculty he obtained a Master’s Degree in July 2005, the topic “Public Debt Analysis and Review”, and Ph.D., in March 2010, the topic “Public Consumption and Economic Growth”...
23.12.2010.
On its session held on Wednesday 22nd December 2010, the Parliament of Montenegro has adopted the Amendments to the Law on Pension and Disability Insurance, that represents the continuation of the pension system reforms, whereas the main objective of Amendments is to provide long – term stability of this system, i.e., to create conditions that each pensioner receives its pension in a timely manner...
22.12.2010.
Igor Luksic, who is likely to become Montenegro's prime minister, has won international praise for his economic expertise but his main task will be to advance his country's European Union membership bid...
14.12.2010.
Deputy Prime Minister and Minister of Finance Igor Luksic signed on Monday the agreement for the second tranche of the European Investment Bank (EIB) loan for the water and wastewater operation in Montenegro with EIB representative Marion Hoenicke. As the EIB loan is intended for environmental protection, the terms are very favourable, allowing for a six-year grace period and 25 years for loan return, says the Deputy PM.
04.12.2010.
Montenegro does not have immediate plans to return to the eurobond market as earlier eurobond money and an anticipated World Bank loan should cover 2011 budget needs, the finance minister said on Friday...
01.12.2010.
When the economic crisis struck, debate over how to re-start the world’s financial engine took precedence over discussion about long-term institutional reform – even in countries where change was crucial..
01.12.2010.
All economies worldwide, including Montenegro, have suffered from the economic and financial crises jeopardizing the liquidity of both financial and the real sector. The Government of Montenegro has reacted in a prompt and timely manner by adopting quite diversified anti – crisis package of measures. From this prospective, I think we did the right thigh; we carefully monitored the financial and the real sector needs that have enabled us in preserving liquidity of the two sectors. On the other hand, this package was supported by several other measures aimed at stabilizing public finance, inter - alia, the control and decrease in public spending, halt in new employment, discretionary spending saving resulting in decline in spending at around 9 of percentage points of GDP in the period 2008 - 2010...
30.11.2010.
Ministry of Finance published Bulletin no. 21...
23.11.2010.
“The Montenegrin Government and the IMF have managed to overcome the differences concerning growth projections for this and next year, and we now agree that the Montenegrin economy will experience a slight growth this year and that it will grow 2.5-3% next year,” Deputy Prime Minister Igor Luksic told the press after meeting with head of the IMF mission to Montenegro Gerwin Bell on Monday, November 22...
04.11.2010.
The World Bank has published the Doing Business Report 2011 (Report on Ease of Doing Business), which comprises 183 economies. Out of 183 economies, 119 have implemented the total of 236 reforms, mainly implemented in the areas of starting a business, paying taxes, trading across borders and registering property. The highest number of reforms was implemented by the East European and Central Asia countries; however this number is significantly lower than the in previous years...