Montenegro has achieved a lot in terms of economy since restoring its independence and progressed the most when compared to the neighboring countries. Figures show pensions and salaries are increasing but, on the other hand, the country has more and more borrowings, economic analyst, Predrag Drecun, clarifies for CdM, adding that the economic progress is measured by a range of carefully selected indicators, having in mind Montenegro’s specifics.
He said: “Many things have improved. Unfortunately, there are also many indicators with negative trends as well. I think the political independence opened the door for investments, that is, greater valorization of the economic potentials. On the other hand, domestic market has decreased thus triggering certain issues which haven’t been adequately resolved.”
Mr Drecun noted that Montenegro’s been a small system which means – full of risks. The market does not provide reliable data for adequate analyses and one player can totally change the situation in the market.
“The average salaries increased from EUR 243 in 2006 to EUR 513 in 2018. GDP as well. But, if you ask citizens whether they live better, the answer would be NO. And that’s because 3 factors: the inflation, the distribution policy is anti-social and finally, the average figures don’t reflect accurately the economic activity,” noted Mr Drecun.
The road network has improved, he added, but we needed 10 years to start constructing the motorway, while Slovenia, for example, in 10 years from regaining its independence already had the motorway network constructed.
The real sector has been neglected and we are still net importers of food and water thus acting irresponsibly towards ourselves, according to him.
