Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 4.7 2.5
Consumer Prices 0.9 1.3
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Montenegro: Financial Position in the Fund

Transactions with the Fund


VIDEO: Challenges to Recovery and Sustained Growth in Montenegro
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Montenegro and the IMF
Updated April 15, 2016

On 19 February 2016, the Executive Board of the International Monetary Fund concluded the consideration of the Financial Sector Stability Assessment for Montenegro. The authorities have consented to publication and it is expected that the staff report will be posted on this website shortly.

Montenegro became a member of the IMF on January 18, 2007. Listed below are items related to Montenegro, in reverse chronological order (you can also view items by category).

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April 26, 2006 -- Serbia and Montenegro: Poverty Reduction Strategy Paper - Progress Reports
Series: Country Report No. 06/141
March 07, 2006 -- Serbia and Montenegro: Serbia - Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, and Payment Systems
Series: Country Report No. 06/96
February 16, 2006 -- Serbia and Montenegro: Sixth Review Under the Extended Arrangement, Financing Assurances Review, Request for Waivers of Nonobservance of Performance Criteria, and Proposed Post-Program Monitoring - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Serbia and Montenegro
Series: Country Report No. 06/58
February 07, 2006 -- Press Release: IMF Executive Board Completes Sixth Review Under an Extended Arrangement with Serbia and Montenegro and Approves US$90.1 Million Disbursement
January 11, 2006 --
PDF File Size: 419Kb
December 27, 2005 -- Serbia and Montenegro: Report on the Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 05/435
December 02, 2005 -- Press Release: Statement by IMF Resident Representative in Serbia and Montenegro
November 03, 2005 -- Press Release: Statement by IMF Mission to Serbia and Montenegro
November 01, 2005 -- Press Release: Statement by IMF Mission to Serbia and Montenegro
July 26, 2005 -- Press Release: Statement by IMF Staff Mission to Serbia and Montenegro
July 22, 2005 -- Press Release: Statement by IMF Staff Mission to Serbia and Montenegro
July 14, 2005 -- Serbia and Montenegro: Selected Issues and Statistical Appendix
Series: Country Report No. 05/232
July 14, 2005 -- Serbia and Montenegro: 2005 Article IV Consultation Staff Report; Fifth Review Under the Extended Arrangement, Financing Assurances Review, and Request for Waiver of Nonobservance of Performance Criteria and Rephasing of Purchases--Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Serbia and Montenegro
Series: Country Report No. 05/233
July 05, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with Serbia and Montenegro
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 29, 2005 -- Press Release: IMF Executive Board Completes Fifth Review Under An Extended Arrangement With Serbia and Montenegro and Approves US$182.9 Million Disbursement
June 01, 2005 -- Labor Productivity and Real Exchange Rate: The Balassa-Samuelson Disconnect in the Former Yugoslav Republic of Macedonia
Author/Editor: Loko, Boileau | Tuladhar, Anita
Series: Working Paper No. 05/113
May 12, 2005 -- Corrected Press Release: Statement by the IMF Resident Representative in Serbia Montenegro
February 25, 2005 -- Serbia and Montenegro -- 2005 Article IV Consultation, Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
January 12, 2005 -- Serbia and Montenegro: Fourth Review Under the Extended Arrangement, Financing Assurances Review, and Request for Waiver of Performance Criteria and Modification of End-December Performance Criterion--Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Serbia and Montenegro
Series: Country Report No. 05/13
December 15, 2004 -- Press Release: IMF Executive Board Completes Fourth Program Review and Eighth Financing Assurances Review Under an Extended Arrangement with Serbia and Montenegro, and Approves US$95.6 Million Disbursement

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