Tag: borrowing

Montenegro faces €1 billion debt payment in 2024, Minister confirms

Montenegro will need approximately €1 billion in 2024 to settle debts from previous years, with half of that amount allocated to repaying euro bonds...

Finance Minister: Montenegro’s salary and pension increases will not be funded by debt

Montenegro's Finance Minister, Novica Vuković, has confirmed that the planned increases in minimum wages and pensions will not be financed through borrowing, as the...

Montenegro’s €200 million loan sparks concerns over Fiscal Strategy and economic stability

The Government of Montenegro has borrowed around €200 million to finance regular expenditures, despite the Fiscal Strategy outlining planned borrowings solely for capital investments....

Citizens of Montenegro face rising debt levels: Concerns for financial stability

As of August 31, the debt of citizens in Montenegro has reached €2.24 billion, according to data from the Central Bank of Montenegro (CBCG)....
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Citizens of Montenegro face rising debt, reaching €2.2 billion in 2024

As of 2024, citizens of Montenegro have accumulated a debt totaling €2.2 billion, according to the Central Bank. A significant portion of this debt—43%—is...

Montenegro’s projected borrowing needs total €3 billion over next three years

Boris Mugoša, a member of the Social Democrats (SD), outlined the projected borrowing requirements for Montenegro over the next three years, estimating them at...
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