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Budgets, reforms and reality: Can Montenegro finance its development ambitions sustainably?

Every budget in Montenegro tells a story. Some tell a story of ambition and hope; others, of uncertainty and compromise. But the most important...

Why short-term borrowing is becoming a structural feature of Montenegro’s budget

Montenegro’s reliance on short-term borrowing has quietly shifted from a tactical response to seasonal cash-flow gaps to a structural feature of public finances. Treasury...

Draft 2026 budget outlines Montenegro’s largest fiscal plan to date as government prepares for major capital projects

Montenegro’s proposed budget for 2026 marks the most expansive fiscal blueprint in the country’s recent history, projecting total revenues and expenditures approaching €3.79 billion....

Montenegro prepares for budget, debt and reform decisions for the coming year

Podgorica is entering a decisive budget cycle as the Parliamentary Committee on Economy, Finance and Budget prepares to review the government’s draft budget for...
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Montenegro’s 2026 budget draft: Between ambition and caution as the economy moves toward EU standards

Montenegro has entered a delicate yet promising phase in its economic trajectory as the government prepares to present the 2026 national budget. The document,...

Montenegro Audit reveals gaps in tax debt accounting and budget execution for 2024

An audit of Montenegro’s 2024 budget by the State Audit Institution (DRI) found that the accounting records of tax debt do not reflect the...
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