Montenegrin prime minister Dusko Markovic said he expected continued growth in investment activity. He said this in a meeting with the IMF’s Delegation, led by the head of the IMF Mission for Montenegro, Martin Petri.
The officials concluded that 2017 was the year of success for the Government of Montenegro in the conduct of economic policy, with a very good chance that the same trend would continue in 2018.
The PM presented the key results of Montenegrin economic policy in the past year, reflected in strengthening fiscal stability and in a strong annual economic growth of over 4%.
He thanked the IMF for the strong support to the government in the implementation of fiscal consolidation measures in the very unfavourable political circumstances.
The head of the IMF Mission in Montenegro welcomed the strengthening of the stability of public finances, pointing out that this was recognised in the financial markets as well as the Government’s intention to continue to implement structural reforms. In this context, he also assessed that Montenegro should focus on tax policy reform this year, particularly when it comes to reducing the tax burden on labour, as well as the reform of the pension system, the public administration reform, and the support to strengthening the fiscal responsibilities of local self-government units.
