NewsMontenegro hosts the meeting of the Belgian-Dutch Constituency of the IMF and...

Montenegro hosts the meeting of the Belgian-Dutch Constituency of the IMF and the World Bank

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On Thursday and Friday, Montenegro will host the Annual Meeting of the Belgian-Dutch Constituency of the International Monetary Fund (IMF) and the World Bank (WB), which is being held at the Chedi Hotel in Luštica Bay.

The annual meeting, which is institutionally hosted by the Ministry of Finance and the Central Bank (CBCG) with the support of the Office of the Executive Director of the IMF, is an opportunity for discussions on financial and economic issues of the Constituency members in the light of the policies and programs of the IMF and the World Bank.

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The organizers announced that the event will be attended by more than 100 delegates from 16 member countries and international organizations, among them the highest officials of the IMF and the World Bank, ministers of finance and governors of central banks of member states of the Constituency.

On Thursday, the first working day, after the welcoming speeches of the President of Montenegro and the Prime Minister, Jakov Milatović and Dritan Abazović, the Minister of Finance, Aleksandar Damjanović, and the Governor of the CBCG, Radoje Žugić, will give opening speeches.

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“During two working days, the re-establishment of stable and sustainable development activities will be discussed, especially after several consecutive shocks caused by the covid pandemic, the war in Ukraine and, consequently, the energy crisis.”

Also, bearing in mind the trends of migration and the influx of refugees around the world, the participants will focus on the economic dimension of these events, especially in the context of the needs of the receiving countries,” the announcement stated.

Montenegro, as the host, will introduce the guests to basic macroeconomic indicators and the situation in the financial sector, including the plans of the Ministry of Finance in the area of ​​public finances and the activities of the CBCG to further strengthen financial stability.

The Belgian-Dutch constituency gathers the highest representatives of fiscal and monetary policy and is an example of European and international cooperation of open, developed and developing economies that show a strong interest in global stability. In addition to Montenegro, the members are Armenia, Bulgaria, Belgium, Cyprus, Georgia, Croatia, Israel, Luxembourg, North Macedonia, Moldova, Bosnia and Herzegovina, Ukraine, the Netherlands, Romania and Andorra.

 

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