Montenegro : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Montenegro.

This 2017 Article IV Consultation highlights that Montenegro's economy continues to grow at a moderate pace. The growth should continue over the medium term, boosted by the implementation of large investment projects, including the construction of the Bar-Boljare Highway. The IMF staff projects...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. European Dept
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Staff Country Reports; Country Report ; No. 2017/276
Online adgang:Full text available on IMF
Beskrivelse
Summary:This 2017 Article IV Consultation highlights that Montenegro's economy continues to grow at a moderate pace. The growth should continue over the medium term, boosted by the implementation of large investment projects, including the construction of the Bar-Boljare Highway. The IMF staff projects the economy to expand by 3 percent in 2017 and 2.75 percent in 2018, with planned fiscal consolidation acting as a moderate drag on growth. Conditions in the banking sector continue to strengthen, with improving asset quality and recovering credit growth. Nonperforming loans, however, remain elevated, and the sector appears to be over-banked, presenting a challenge for bank profitability.
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Fysisk beskrivelse:1 online resource (92 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students