One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased by 10.1% in the first eight months of 2023 compared to the sam
Brdo-Brioni Summit – The way to speed up the EU integration
At the beginning of September 2023, the Brdo-Brioni Process Summit was held in Skopje, North Macedonia, which brought together the leaders of the countries of the Western Balkan region, as well as the
Trends in public finances and budget rebalancing
In the first quarter, the growth rates of both total revenues and total expenses were recorded. However, due to higher revenue growth, a budget surplus of EUR 65.8 million was achieved. The growth of
Fall of foreign investments in the first quarter
The total inflow of foreign direct investments at the end of March amounted to EUR 209.41 million, a decrease of 15.33% compared to the same period last year, according to preliminary data from the Ce
Montenegro economy briefing: Wage growth in the public sector and other labour market issues
Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth of slightly more than 10% in comparison with the same period in 2022. T
Montenegro citizenship by investment: 5 Things to know
Montenegro citizenship by investment is a program that allows people to obtain citizenship in the country with a significant financial investment in the country. This can include investing in real est
Montenegro, Recent Economic Developments, International Investment Position
In 2019, the Central Bank of Montenegro has published for the first time the net international investment position (NIIP) of Montenegro, which is a difference between external financial assets (receiv
Montenegro, Benefit from foreign investments
Citizenship by investment is not a new concept and has been applied in numerous countries for years. Since 2019, Montenegro has joined the European and world countries that offer an economic citizensh
Montenegro economy briefing: Inflation and Economic Policy
The previous period was marked by strong price growth. The inflation rate in September was 16%, while the inflation rate in the first nine months was 11.6%. The most significant contribution to the in
Montenegro, Recent Economic Developments, External Sector, Current Account
According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1 percent relative to the same period of 2020. Narrowing