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21.12.2017

World Bank Backs Fiscal and Financial Sector Reforms in Montenegro

WASHINGTON, December 20, 2017 — The World Bank supports a package of reforms to strengthen public finance and financial sector resilience in Montenegro through a Euro 80 million guarantee approved today. The reforms are supported through a Policy-Based Guarantee (PBG) – a first in a programmatic series of two operations – which will aim to secure two to three times larger private finance and allow for orderly refinancing of the existing debt liabilities towards commercial creditors...



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Current News

19.04.2018.

Standard & Poor’s affirms a stable outlook for Montenegro

The credit rating agency Standard & Poor’s has released a new report for Montenegro, confirming our country’s outlook as "stable", while affirming its B+/B ratings. Following the support of the World Bank and the International Monetary Fund to the measures implemented by the Government in the field of fiscal consolidation, the support comes from yet another renowned global institution – the S&P...

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12.04.2018.

Montenegro successfully raises EUR 500 million in eurobond, Finance Minister expects improvement of credit rating by end of 2018

Montenegro successfully raises EUR 500 million in eurobond, Finance Minister expects improvement of credit rating by end of 2018

Vienna, Austria (12 April 2018) -- Montenegro has successfully issued today EUR 500 million worth of Eurobonds on international market, thus enabling the refinancing, at a very favourable interest rate of 3.375%, of bonds that are due for repayment in 2019, 2020 and 2021...

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