Montenegro : 2011 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Montenegro

Publication Date: May 06, 2011
Electronic Access: Free Full text (PDF file size is 1,421KB).
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Summary: Since its independence in 2006, Montenegro has experienced an economic and financial roller coaster ride. The baseline is predicated on continued improvements in cost competitiveness and productivity-raising foreign direct investment (FDI). Avoiding a relapse into recession will thus require strengthening the health of the banking system and removing impediments to restructuring the economy. Montenegro’s attractiveness to investors will depend on reducing macroeconomic and structural vulnerabilities. The business environment needs to be further improved. Redressing solvency issues and improving liquidity were jointly seen as priority tasks.
Series: Country Report No. 11/100
Subject(s): Article IV consultation reports | Banking sector | Debt sustainability analysis | Economic growth | Economic indicators | Economic recovery | Fiscal consolidation | Labor markets | Staff Reports | Unemployment

Publication Date: May 06, 2011
ISBN/ISSN: 9781455272488/1934-7685 Format: Paper
Stock No: 1MNEEA2011001 Pages: 57
US$18.00 (Academic Rate:
US$18.00 )
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