On 9 July, the government adopted its fourth semi-annual report on implementation of Montenegro’s Reform Agenda under the EU Reform and Growth Facility for 2024–2027.
The government reported that 34 of 41 reform steps, or approximately 83%, had been completed. This performance enables Montenegro to seek approximately €97.3 million of EU financial support.
The completed measures cover private-sector development, digitalisation, the energy transition, human capital and the rule of law. For investors, the importance lies not only in the amount of EU funding but in the connection between reform delivery and future capital access.
Continued disbursement will depend on implementation quality rather than the formal adoption of laws and strategies. Procurement transparency, institutional capacity, regulatory independence and timely project preparation will determine whether EU funds convert into functioning infrastructure and private investment.
The government also adopted a roadmap for transmitting economic data in accordance with the ESA 2010 European statistical framework. Better alignment with EU national-accounting requirements should improve the comparability of Montenegro’s fiscal, investment and economic data during accession negotiations.
