Press Release: Fiscal Data as of March 2011

As of March 2011, revenues of the Budget of Montenegro amount to EUR 90,73 million, exceeding the plan by 1,35% for the aforementioned month. Revenues increased by 3,1%, compared to March 2010. Although the revenues increased, the upward tax debt continues as a result of the economic illiquidity.

The tax revenues collection was generated in the amount of EUR 86,11 million, out of which direct taxes were collected in the amount of EUR 45,35 million, while the collection of the indirect taxes amounted to EUR 40,76 million. The non – tax revenues collection was generated in the amount of EUR 4,6 million...