Montenegro: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Montenegro
IMF Staff Country Reports, March 8, 2016
Source details
- Canonical URL
- Montenegro: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Montenegro
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Bibliographic details
- Published: March 8, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513554167.002
Recent economic developments and outlook
- Montenegro’s economy has rebounded in the past year.
- Strong growth looks set to continue in 2016, at slightly more than 4 percent.
Risks and analysis
- The government’s growth strategy can bring substantial gains, but it also carries sizable risks, notably to the public finances.
- The report highlights outlook and risks related to Montenegro’s economy.
Policy measures and recommendations
- The authorities have taken various policy measures to:
- contain fiscal sustainability risks,
- sustainably revitalize credit conditions,
- safeguard financial sector stability,
- boost competitiveness and economic flexibility.
Subject coverage and keywords
- Subjects: Banking, Credit, Expenditure, Labor, Money, Public debt, Public sector wages
- Keywords: article IV staff, assessment of the resilience, asset, asset quality, consumer price index, CR, Credit, Global, growth strategy, insurance oversight framework, ISCR, Montenegro, Montenegro authorities, Montenegro's economy, production GDP estimate, Public sector wages