PM Marković meets with EBRD President Chakrabarti: Montenegro is ahead of countries of region

Podgorica, Montenegro (16 April 2019) – Prime Minister Duško Marković hosted earlier today President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti. The meeting noted that Montenegro has achieved excellent results in economic policy, has a good development prospect and numerous opportunities for progress and investments with the support of the European Bank for Reconstruction and Development (EBRD).

"My compliments for NATO membership and progress made in EU integration. Our job is to help, to invest in the region, to bring it closer. Montenegro is ahead of other countries," said Chakrabarti, who is paying an official visit to Montenegro.

He congratulated Prime Minister Marković on the results in economic policy - achieved growth, revenue growth, and pointed out that foreign financial markets positively look at the developments in Montenegro, which was shown when the Eurobonds were issued last year.

Chakrabarti said that the EBRD invests the most in Montenegro per capita compared to all other countries in which it operates.

"And we have a good reason for this - we have good investment conditions," Chakrabarti said, adding that there are fantastic opportunities for new investments in Montenegro and support from the EBRD.

PM Marković said that the Government is focused on the economy, creation of new jobs and providing a better standard of living. He pointed to the importance of previous EBRD support to state institutions and enterprises, as well as the private sector. The meeting discussed further strengthening of cooperation in the field of tourism, energy and infrastructure, without whose improvement there is no dynamic development.

Both sides agreed that it is important to continue structural reforms, reducing the grey economy, strengthening competitiveness and the business environment.

THE OFFICE OF THE PRIME MINISTER

PHOTO: https://flic.kr/s/aHsmAqT17g