Podgorica, (MINA-BUSINESS) – According to the latest World Bank report, Montenegro has confirmed its status as one of the most dynamic economies in the Western Balkans and continues to outperform the regional growth average, the Ministry of Finance announced.

“The projected growth of 2.9 percent this year, following 2.7 percent last year, confirms the country’s stable and sustainable economic course,” the Ministry said in a press release.

With a strong post-pandemic recovery and an average growth rate of 9.1 percent, the Montenegrin economy is now based on solid and resilient foundations. 

At the same time, inflation is steadily declining, from 3.9 percent last year to 1.9 percent by 2028, further strengthening macroeconomic stability and citizens’ security.

“These results have been achieved thanks to implemented reforms. The Europe Now and Europe Now 2 programmes have brought tangible improvements: higher wages and pensions, increased employment, and stronger economic activity.” the press release reads.

According to the Ministry. these policies confirm that citizen-focused reforms are the key to long-term growth.