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Announcement of the Ministry of Finance

Published on: Apr 21, 2008 10:47 PM Author: Naslovna strana
Assistant Minister of Finance, Nikola Vukićević, with his associates, in Brussels on Monday, 21 April 2008, participated in the experts meeting dedicated to discussion and preliminary evaluation of Economic and fiscal program for 2007.

Meeting was dedicated to discussion and preliminary evaluation of Economic and fiscal program forwarded by Montenegro to the European Commission in November 2007. Besides Montenegro, representatives of Albania, Bosnia and Herzegovina and Serbia had also attended the meeting. Economic and fiscal program 2007 2010 is a document produced by Montenegro for the second time, since after 2006, the EFP had been established as a new instrument with the purpose of upgrading negotiations between the European Commission and potential member states.

In todays meeting, the representatives of the European Commission had noted preliminary evaluation of delivered Economic and fiscal programs, after which the representatives of states had commented on stated evaluation. Significant progress was noted for Montenegro EFP in comparison with the previous year, regarding the form and contents, in the sense of given projections and provided alternative scenarios. Assistant Minister of Finance Nikola Vukićević had presented actual results in the area of economic and fiscal policy, together with the mid-term plans. The meeting was also an opportunity to exchange experiences with other states, both regarding the problems they had faced during the EFP production and in the area of economic and fiscal policies creation. After this meeting, the representatives of Directorate General for economic and financial issues of the European Commission shall produce the final evaluation of EFP 2007, which would be forwarded to governments of states participating in its production. The Ministry of Finance shall, with other institutions relevant to this area, starting from June 2008, begin the activities on production of Economic and fiscal program for year 2008.
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