Statement by the Assistant Minister of Finance for treasury sector Dušan Perović after the Government of Montenegro meeting

Draft law on budget final account for previous year was adopted today by the Government. The gross domestic product in previous year amounted 2.54 billion EUR, which is real growth of 10.3 percent. Inflation was 7.7 percent greater than projected, public debt 29 percent of gross domestic product or 737.2 million EUR. From that figure, internal debt is 275 and the external 462 million EUR. Budget surplus in previous year is 6.8 percent of gross domestic product, or 172.9 million EUR. Previous year is characterized by positive macroeconomic trends.Current public consumption amounted 974.4 million EUR or 38.37 percent of gross domestic product. Budget incomes amounted 809 million EUR. Total taxation incomes were increased except for the profit tax, 96.98 percent of planned amount was collected. Total Budget disbursements were 776.25 million EUR or 3.6 percent higher than planned. State deposits had, at the end of previous year, amounted 161.53 million EUR and are approximately 35 percent higher then one year ago. Unpaid budget obligations were 4.11 million EUR, which is almost 11 million less than in January previous year.