Montenegro

Publication Date:

May 7, 2024

Electronic Access:

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Summary:

The Montenegrin economy has rebounded strongly from the COVID-19 shock as private consumption grew, tourism recovered, and an influx of relatively affluent Russian and Ukrainian nationals due to Russia’s war in Ukraine has also contributed to growth. While debt-to-GDP ratios have improved largely due to nominal effects, fiscal weaknesses remain. After prolonged political uncertainty, a new coalition government formed in October 2023. Thereafter, a new Central Bank (CBCG) Governor was appointed in December 2023.

Series:

Country Report No. 2024/101

Subject:

Frequency:

regular

English

Publication Date:

May 7, 2024

ISBN/ISSN:

9798400275715/1934-7685

Stock No:

1MNEEA2024001

Format:

Paper

Pages:

81

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