Deputy Prime Minister and Minister of Finance, Igor Lukšić PhD, met with the World Bank Country Director and Regional Coordinator for Southeast Europe, Jane Armitage

Deputy Prime Minister Lukšić and Mrs. Armitage discusses issue of the Montenegrin Eurobond and début of Montenegro at the this important market, having assessed that the issue was very successful, taking into account expressed interest of investors and the demand being three time the offer. Mrs. Armitage stated that is pleased with the Eurobond issues and said that to be a rather positive signal for investors, in particular if having in mind the manner of the début of Montenegro at the notes market, as well as importance of this issues for the confidence in the economic policy.

Deputy Prime Minister Lukšić and Mrs. Armitage reviewed present and agreed on future area of cooperation. The World Bank Coordinator for Southeast Europe informed Lukšić that the World Bank is to provide considerable credit support for projects in Montenegro over the course of next four years, the total value of 200 million USD, including also the Development Policy Loan as a budget support programme.

Collocutors agreed for the focus of cooperation in the coming period to be on several important areas, those being higher education and science, rehabilitation of environmental hot spots, improvement of infrastructure, and other.

Deputy Prime Minister Lukšić emphasise the importance of financing scientific projects and higher education projects, as well as creating of required infrastructural prerequisites for their implementation all aimed at improving conditions for the research work of members of the academic sector.

It was stated at the meeting that projects on reform of the pension system, health sector and construction of infrastructure contributed to a long-term structuring of our economy.