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Montenegro Economic Reform Programme 2015 - 2017

Published date: 03.02.2015 14:52 | Author: Ivona Mihajlović - administrator

Ispis Print

The Government adopted First  Montenegro Economic Reform Programme 2015 - 2017. The European Commission presented a new approach to economic dialogue and candidate countries to European Union through the concept of Economic Reform Program (ERP). These programme comprised of two parts. Part I consists of an enhanced version of the existing Pre-Accession Economic Programmes (PEP), and it set out a medium-term macro-economic and fiscal policy framework, with increased focus on assessing external sustainability and the main structural obstacles to growth, as well as concrete reform measures to directly support the policy framework. Part II covered structural reform measures which are sectoral in nature, and which are of most important for improved competitiveness and growth. In Part II, set out a limited number of key sectoral structural reform measures and describe their plans as well as the timeline and the budgetary implications.

The Cabinet of Deputy Prime Minister for economic policy and financial system was in charge for coordination of the overall Program. Ministry of Finance was  responsible for the preparation and coordination of the First part of the Program, while the Second part of the Program prepared and coordinated by the Ministry of Economy.
The document, forwarded to the European Commission on 30 January, can be downloaded here.