IMF Staff Country Reports

Montenegro: Request for Purchase under the Rapid Financing Instrument; Press Release; Staff Report; and Statement by the Executive Director for Montenegro

Publication Date:

June 25, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The COVID-19 pandemic will hit Montenegro hard, as tourism is a key industry. Fiscal space has eroded in recent years due to large public capital outlays, and the COVID-19 crisis is creating new budgetary strains as health spending and other expenditures rise, while the economic contraction lowers revenues.

Series:

Country Report No. 2020/210

Subject:

Banking Capital spending COVID-19 Economic sectors Expenditure External debt Financial sector Fiscal policy Fiscal stance Health Public debt Tourism

Frequency:

regular