Deputy Prime Minister for Economic Policy and Minister of Economic Development, Nik Đeljošaj, commented on the adoption of the Credit Guarantee Fund Law, stating that Montenegro has taken an important step toward strengthening its economic resilience and supporting the private sector.
He emphasized that the law opens new opportunities for Montenegrin businesses, marking a strategic move toward creating a favorable business environment, especially for small and medium-sized enterprises, which are key to the country’s economic growth and development.
Specifically, Đeljošaj highlighted that the law will:
- Increase access to financial resources for starting and improving businesses
- Reduce financial barriers and share risks with banks
- Strengthen domestic competitiveness and create new jobs
- Support young entrepreneurs, startups, and women in business
Overall, the Credit Guarantee Fund Law represents a new chance for faster and more secure development of Montenegro’s economy by fostering better business conditions and long-term economic stability.
