FDI in Montenegro rise by 23%

Total net FDI inflow for January-July period reached €241,5 million, a 23% increase in comparison to the same period last year, concluded the meeting of the Financial Stability Council.

Source budget revenues were on the rise in the first two quarters of the year. According to the preliminary data delivered by the Ministry of Finance, they totaled €824 million.

On the other side, budget expenditures were by 12,9% lower than projected.

As far as the financial sector is concerned, stability indicators and quality of banking operations, insurance market and capital market are on an upward trend.

Solvency coefficient was 19,5% at the end of June. Poor-quality loans and interest rates continued to decline.

On the basis of the impact analysis of all aforementioned factors on the overall economic stability, the Council concluded that economic growth and positive trends in fiscal sphere, together with the stability of banking sector, contributed to reducing risks. The Council stated that system stability in Montenegro was at an appropriate level.


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