Montenegro : 2018 Article IV Consultation-Press Release and Staff Report
Author/Editor:
International Monetary Fund. European Dept.
Publication Date:
May 21, 2018
Electronic Access:
Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The economy has grown strongly since 2015, bolstered by large investment projects and buoyant tourism. Banking sector health continues to improve, with private credit growing and balance sheets strengthening. While the construction of the first phase of a major highway project has boosted economic growth, it has also raised government debt, with a cost of nearly ¼ of GDP. To strengthen fiscal sustainability, in 2017 the authorities began implementing a well-specified medium-term fiscal adjustment strategy, in line with staff advice.
Series:
Country Report No. 18/121
English
Publication Date:
May 21, 2018
ISBN/ISSN:
9781484356968/1934-7685
Stock No:
1MNEEA2018001
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
87
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