wiiw Forecast Reports

MONTENEGRO: Fiscal consolidation puts a brake on growth


Vladimir Gligorov

in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 91-93

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Growth will slow to around 3% in the short run but may accelerate somewhat beyond that, depending primarily on the resumptions of ambitious government investments. Politically, the opposition is yet to find a way to challenge the governing coalition, though the democratic deficit is taking its toll on internal and external credibility. Montenegro is a front-runner in EU integration, though the prospects of accession are not rosy as the EU does not appear to be interested in enlargement any time soon.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Montenegro