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Ministry of Finance Deputy Prime Minister and Finance Minister Mr. Igo...
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Deputy Prime Minister and Finance Minister Mr. Igor Lukšić, PhD., published on his blog the article on financial laws
Published on: Jul 15, 2010 • 8:23 PM Author: Ivona Mihajlović - administrator
"A healthy and vital financial system is a key to stability and liquidity of any economy. And it is certainly the most important lesson learned from the crisis. Economic history has shown that the greatest economic crisis was triggered by the financial system crisis, including this last one. Therefore, all efforts of the most developed countries are focused on finding the solutions and creating mechanisms that will ensure long term stability of the financial system. In the light of the above, Montenegro has recognized the global threat and prepared a new set of financial laws entering into the best international legislation and international best practices of the IMF, World Bank and G20. I have, above all, professional and moral obligation to say that the laws are much "more than article 90 " and that Montenegro, by adopting these solutions will be in the company of most regulated world financial system, and far ahead many countries in the region, even some European countries ...".
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