The latest European Commission report on Montenegro confirms the Finance Ministry’s work on measurable, comprehensive progress in EU accession, recognising the ministry as a key driver of reforms. It highlights achievements in nearly all chapters under the ministry’s responsibility, particularly in fiscal discipline, public finance reform, and financial market development.
Over the past year, the ministry implemented one of its most extensive reform phases, adopting 16 new laws covering free movement of capital and financial services. Montenegro also joined the Single Euro Payments Area (SEPA), enhancing the speed, security, and cost-efficiency of euro transactions, while strengthening the integration of its financial system with the EU.
The report praised progress in financial supervision (Chapter 32), including new internal control and audit laws, a revised internal audit methodology, and measures to improve governance in state-owned enterprises. In customs (Chapter 29), Montenegro joined the Convention on the Common Transit Procedure, introducing a computerised transit system to facilitate trade with the EU.
The Finance Ministry emphasised that its reforms aim to build a modern, stable, and competitive economy, fostering transparency, investor confidence, and economic resilience. Each step in the EU integration process is framed not just as compliance, but as a strategic path toward a safer, fairer, and more prosperous future for Montenegro.
