Montenegrin bonds are recording a serious annual decline in value on the international market, Social Democrat MP Boris Mugosa has written on his Twitter account.
“The value of bonds is, among other things, a reflection of investor confidence in our country… If we decided to issue bonds now, the rate would be significantly higher than for those we issued in 2019 and 2020”, says Mugosa.
The decline in the value of bonds comes at the most unfavorable moment for Montenegro, especially after the forecast of the International Monetary Fund that the fiscal deficit will be 6.1% this year, 5.6% next year, and 6% in 2024.
