Tag: economic development

Montenegro strengthens U.S. ties through economic collaboration

Vice Prime Minister for Economic Policy and Minister of Economic Development, Mr. Nik Đeljošaj, recently met with the U.S. Ambassador to Montenegro, H.E. Judy...

Montenegro to enhance public administration and economic growth through artificial intelligence

The government recognizes the potential of artificial intelligence (AI) and intends to utilize it to enhance public administration, accelerate economic development and contribute to...

Montenegro and Germany collaborate on northern region development and environmental initiatives

Damjan Ćulafić, Montenegro’s Minister of Ecology, Sustainable Development and Northern Development, recently met with German Ambassador Peter Felten to discuss strategies for advancing the...

Bar’s local government outlines major development projects amid criticism from opposition

The local government of Bar is undertaking a responsible approach to the municipality's future development, with plans underway for various projects to be swiftly...
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Decline in foreign direct investment in Montenegro: The need for a new strategy

According to Prof. Dr. Vasilije Kostić, President of the Montenegrin Employers' Association (CUP) and economic analyst, the primary driver for investors is the security...

Montenegro’s mixed economic picture: Growth in jobs and wages, decline in exports and tourism

The economic situation in Montenegro during the first quarter of 2024 presents a complex picture of growth in some areas alongside significant challenges in...
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