wiiw Forecast Reports
MONTENEGRO: Public and foreign investments driving growth improvement
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Growth in the previous year fell short of expectations: it was probably not more than 1.3%. It can be attributed to slower growth in exports. The government plans to increase investments in infrastructure and will continue to rely on foreign investments in the tourist sector. Over the current year and in the medium term, growth should accelerate up to as much as 3%. Efforts are being made to join NATO and step up the pace of negotiations with the EU.
Countries covered: Montenegro