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Dean prof. Dr. Mijat Jocović pointed out that the economic citizenship program, as a project of economic importance for Montenegro, needs to be viewed from several aspects that are not necessarily complementary.

At the Faculty of Economics of the University of Montenegro, a round table was held on the topic “Economic citizenship as an economic and economic interest of Montenegro?” which brought together numerous participants – representatives of local self-governments, heads of state institutions, representatives of companies that have projects in the economic citizenship program, as well as representatives of all agent companies for mediation in the process of obtaining citizenship based on investment.

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Dean prof. Dr. Mijat Jocović  pointed out that the economic citizenship program, as a project of economic importance for Montenegro, needs to be viewed from several aspects that are not necessarily complementary.

“The first is a very complex macroeconomic environment characterized by growing inflation and imbalances in public finances and economic relations with foreign countries.” The second aspect refers to the important requirements that the country must fulfill in the strategic process of EU integration”, said Jocović.

Minister of Economic Development and Tourism Goran Đurović  said that the projects currently participating in the Special Program are mostly projects from the List of Development Projects in the field of tourism, and these are projects with total planned investments of 350.7 million euros.

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“In this area, the Government of Montenegro has so far included 12 projects on the list that directly influence the creation of new permanent value in terms of strengthening tourism capacities, especially in the north of Montenegro, and it has done this better than any other incentive for development from earlier period”, said Đurović.

The minister indicated that, out of a total of 12, eight projects are in the northern region (1 in Žabljak, 7 in Kolašin), and the value of these investments is projected at 113.89 million euros. Đurović also told the audience that the dominant model of investment in accommodation units is the condo and apartment model, with a capacity of 2,333 accommodation units, which will create the opportunity to create 1,561 new jobs.

Giving an overview of the economic citizenship program from the aspect of public finances, as well as the challenges from the perspective of the complex economic situation, the Minister of Finance Aleksandar Damjanović, MSc , assessed that the program represents a great development opportunity.

“Montenegro should bring concrete benefits and income, but it is necessary to take a closer look at the so-called political aspect. In this sense, it is necessary to harmonize domestic policies with the policy of the “Brussels Club”, whose position is that the existing program should be completed by the end of the current year”, said Damjanović, Dan writes.

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