Podgorica, (MINA-BUSINESS) – According to the Ministry of Finance, the decision by credit rating agency Standard & Poor’s to upgrade Montenegro’s outlook from stable to positive, while affirming its credit rating at ‘B+/B’, is a strong and unequivocal confirmation that the country is pursuing a responsible, stable, and development-oriented policy.

The Ministry said in a press release that the rating reflects progress achieved through fiscal consolidation, preservation of macroeconomic stability, and a clear European orientation.

“Montenegro remains the most advanced candidate in the European Union accession process, with all 33 negotiating chapters opened and 13 provisionally closed. Continuous progress in negotiations confirms institutional maturity, reform determination, and strategic commitment to EU membership. The European agenda remains a key pillar of political stability and the country’s long-term development,” the press release reads.

The positive outlook reflects strong and resilient economic growth of around three percent annually, a reduction in net public debt compared to the pre-pandemic period, moderate borrowing costs, and stable public finances. 

Despite global challenges, Montenegro has preserved fiscal stability, strengthened budget revenues, and maintained control over debt levels, which remain moderate compared to peer economies.

“This decision sends a strong signal to international investors that Montenegro is a reliable, secure, and promising investment destination,” the Ministry said, adding that progress in reforms, strengthening of institutions, and political stability further reinforce the country’s credibility at the international level.