Economic analyst Mirza Mulešković expressed surprise and concern during his appearance on the central news program 24 Sata on Televizija E regarding the government’s recent approval of the draft law on tax reforms from the Fiscal Strategy 2025-2027.
Mulešković highlighted that the public consultation period ended on August 7, and stakeholders have yet to receive a report from this consultation, despite many having submitted feedback on the proposed strategy. He criticized the government for moving forward with the draft law without addressing expert opinions, suggesting that their input was disregarded. Mulešković emphasized the importance of dialogue in crafting effective legislation and noted that the current approach undermines contributions from those invested in Montenegro’s development.
He pointed out that while governments may change, laws remain in place, and the frequent changes in legislation could deter investors. He stressed that attracting investment requires a stable, transparent and consistent business environment, including a reliable legislative framework.
Mulešković also questioned the timing and impact of the planned salary increases starting October 1 under the Europe Now 2 program, arguing that such changes could lead to significant administrative and operational challenges for businesses. He warned that these changes could adversely affect the business environment and investor confidence, suggesting that Montenegro needs a predictable business climate with clear legal expectations.
He criticized the practice of enacting laws without proper consultation and economic analysis, which can result in discriminatory effects. He cited the recent increase in the minimum pension as an example of how such policies can create inequalities among pensioners.
Regarding the Development Bank, Mulešković supported the concept but stressed the need for comprehensive planning and consultation with commercial banks, banking associations, and businesses to ensure its effectiveness in promoting economic growth.
Finally, Mulešković cautioned that administrative salary increases could contribute to rising prices due to increased money supply without corresponding economic development. He warned that such practices might lead to higher inflation and increased living costs, as the market responds to higher money circulation with price increases.
