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A 2.8 percent economic growth expected this year

Podgorica, (MINA-BUSINESS) – In its latest Global Economic Prospects, the World Bank (WB) has increased this year's economic growth forecast for Montenegro by 0.3 percentage points to 2.8 percent. In...

Projects implemented at a good pace

Podgorica, (MINA-BUSINESS) – Mayor of Podgorica Ivan Vukovic has said that all major projects in the Capital City are implemented at a good pace, in line with the projections...

Outflow €444 million

Podgorica, (MINA-BUSINESS) – According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €747.6 million in the first...

Annual limit for work permits set at 20,450

Podgorica, (MINA-BUSINESS) – The Government has set the annual limit for the number of temporary residence and work permits for foreign citizens at 20,450 for the next year. Director General...

Revenues amount to €730 million

Podgorica, (MINA-BUSINESS) – Until 10 December, the Customs Administration collected a total of €729.97 million in revenues this year, 12.11 percent more than in the same period of 2017. The...

Debate on budget concluded

Podgorica, (MINA-BUSINESS) – The Parliament has concluded a debate on the proposed Budget Law for 2019, while the MPs will vote on this piece of legislation at a later...

Voli bids for Radoje Dakic land

Podgorica, (MINA-BUSINESS) – Voli Trade has offered €5.65 million for part of the land of the former factory "Radoje Dakic" covering an area of nearly 20,000 square metres. At the...

Problem of informal economy needs to be addressed

Podgorica, (MINA-BUSINESS) – Prime Minister Dusko Markovic has said that the informal economy and black market are unethical, undignified and punishable by law, adding that the authorities must address...

Industrial production grows

Podgorica, (MINA-BUSINESS) – Compared with the last year's corresponding period, the industrial production saw an 18.2 percent increase in November, says Monstat. "Compared with the same period last year, the...

Average liquid assets decline

Podgorica, (MINA-BUSINESS) - According to the statistics of the Central Bank of Montenegro (CBCG), average liquid assets of banks saw a monthly decrease of 3.2 percent in October, to...