English

Radunović: Growth rate in 2020 will be above projections

Minister of Finance, Mr Darko Radunović, met today with the analysts of Standard and Poor’s rating agency, Mr Maxim Rybnakov and Mr Gabriel Forsa to discuss collection of data on the current economic situation in Montenegro.

Minister acquainted his interlocutors with the current economic situation and macroeconomic and fiscal trends, and presented basic parameters that marked previous year.

He also pointed out the consistency in the implementation of measures of fiscal consolidation which produced expected results.

“After high growth rates in 2017 and 2018, the growth trend continued in 2019 too. We had very successful 2019”, Mr Radunović pointed out.

In 2020, Ministry will continue to implement structural reforms, particularly in the optimization of the public sector employees, Tax Administration reform and in fighting grey economy.

 

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