EconomyMontenegro launches “Diaspora Bond” to fund local development and retain citizens

Montenegro launches “Diaspora Bond” to fund local development and retain citizens

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Montenegrin President Jakov Milatović introduced the “Diaspora Bond” initiative to the diaspora as a transparent investment model in Montenegro’s development with a guaranteed return.

He emphasized that the bond connects the diaspora’s savings and love for their homeland with the country’s developmental needs, serving not only as a financial instrument but also as a bridge between Montenegro and its expatriates.

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Funds raised through the bond will be allocated exclusively to local projects such as kindergartens, schools, hospitals, roads, and public infrastructure, particularly in northern Montenegro.

Milatović highlighted that Montenegro has lost 100,000 residents between the last two censuses due to limited economic opportunities and social inequities. He stressed the need to create a society where young people see a future and want to stay, stating that his responsibility is solely to the citizens, regardless of faith or ethnicity.

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The president concluded that Montenegro must move past empty political promises and become a strong, just, and European country.

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