Statement of Deputy Prime Minister and Minister of Finance, Igor Lukšić, PhD, with regard to adopting the Information on realization of budget revenues of Montenegro in January and February 2009.

The Government opted for decrease in expenditures of the public administration, thus up to 30th June there will not be new staffing, the purchase of passenger and commercial vehicles and new IT equipment will be stopped. Savings measures relate to the consultancy contracts, business trips. It is necessary to decrease the telephone and fuel consumption costs up to the minimum, stop the tenders related to the investment maintenance up to reaching the consent with the Ministry of finance for the minimum consumption level. Only business trips approved by the Government will be completed, and current reserve will be used in a restrictively ultimate manner, only in extraordinary circumstances. The Ministry of finance and the Central Bank will allow the commercial banks to purchase treasury bills from compulsory reserves, in order to use the funds for the funding of budgetary consumption and payment operations functioning, because the deposits in banks will be transferred from the accounts on which they were practically frozen...