wiiw Forecast Reports
MONTENEGRO: Paralysed judicial system hampers EU integration progress
Nina Vujanović
in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 113-116
Montenegro continued with its impressive growth in 2022, thanks to rising private consumption. This was a result of a tax reform that increased people’s incomes, but which poses a serious threat to the state and the healthcare budget. The future will bring more inflation, which will act as a drag on consumption. Although not yet at pre-pandemic levels, tourism is on a solid path to recovery. The lack of political will to unblock the judiciary is extending the already lengthy road towards EU integration. Fresh parliamentary elections may be on the horizon.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Montenegro