NewsMontenegro is looking at the options for entering the international financial market

Montenegro is looking at the options for entering the international financial market

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Montenegro, in conditions of global uncertainty, must carefully consider the options and ways of entering the international financial market, it was assessed at the meeting of Finance Minister Aleksandar Damjanović with representatives of investment banks in Marrakesh.

On the second day of the fall session of the International Monetary Fund and the World Bank, Damjanović met with representatives of investment banks – BancTrust & Co Investment, JP Morgan, MUFG Bank and Societe Generale, it was announced after the meeting and reported by the Mina agency.

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Damjanović introduced the interlocutors from the banking sector with the financial and economic prospects of Montenegro, after which the state of the financial markets and the possibilities of providing financing for Montenegro on the international capital market were discussed in more detail, according to the announcement.

It was established that it is necessary to continue with the previous responsible policy of public debt management in the function of creating the necessary reserve, in order to, in the coming period, timely settle the obligations that Montenegro has towards international creditors.

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“By the end of this year’s session, the team led by Damjanović expects a series of meetings with representatives of the world’s leading financial institutions, the banking sector, and bilateral meetings with representatives of member countries,” the announcement concludes.

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