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Damjanovic on challenges for next year: We work on arrangement with WB

Aleksandar Damjanović, Foto: TV E

Commenting on the situation in the state budget, public enterprises, possible borrowers and predictions suggesting that Montenegro’s going to face a Greece scenario, the Finance Minister, Aleksandar Damjanovic, says that a 350 million euro limit doesn’t mean we’re going to borrow the full sum.

“The debt threshold will be lower than the approved limit,” explains Mr Damjanovic. He states that it’s a serious challenge to prepare the next year’s budget.

According ti him, they’ve already talked to local banks.

“We communicated our needs and expectations, got certain inputs. I think that we’re on the right way to make a financial construction. In my opinion, it won’t be a problem to ensure money, as we have our, local banks and partner banks,” Minister Damjanovic said in a show ‘Drugacija radio veza’ (eng. Different Radio Station).

The increase in minimum salary has mildly affected the inflation rise, he added.

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