Djukanovic will personally deal with the budget: I will not allow Montenegro to borrow a single cent!

#MiloĐukanović #GovernmentOfMontenegro #Budget

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During today’s government session, Prime Minister Milo Djukanovic said that he would personally deal with the budget for 2017 and that he would not allow Montenegro to borrow a single cent for current expenditure.

Montenegrin government adopted on Thursday the report on Montenegro’s public debt dated on 31 December 2015.

The report states that the net public debt of Montenegro at the end of 2015 amounted to €2,361,580,000, which accounted for 65.69% of gross domestic product.

“After publishing the official data of the Statistical Office on the amount of GDP, the government will prepare a recovery plan, in order to eliminate the risk of instability in public finances”, the government stated.

Concluding the discussion on this item of the agenda, Djukanovic said that the level of debt was not worrisome, particularly in the context of over-indebtedness of many European countries, adding that the real issue was whether the debt was used to cover current expenditure (which, as he said, has never been dominant) or capital spending.

“He said he would personally deal with 2017 budget and would not allow Montenegro to borrow a single cent for current expenditure”, the government stated.

In order to support students with disabilities and their better inclusion in the education process, the government adopted the information on teaching assistants.

“Following the project that has been implemented by the Employment Agency for several years by hiring assistants through a programme of public works, the government concluded that this activity needs to be improved in terms of engagement of the necessary number of assistants during the entire school year, starting from 1 September, to improve early detection and intervention in the field of healthcare, as well as conditions in schools and to define the standard interest and provide funds for financing the project”, the government stated.

Underscoring the sensitivity of this issue and government’s commitment to optimally address it, the participants in the discussion agreed that further efforts should be invested in cooperation among ministries in order to complete the necessary procedures before the deadlines foreseen by electoral legislation, which prescribes restrictive measures in terms of employment.

The government also adopted the analysis on the state of e-government in Montenegro for 2015.

“The basic concept of e-government is to build a business model that will remove the traditional and outdated procedural and administrative barriers on the principle of a single contact point for public administration. A key priority for the development of e-government will be further improvement of electronic services, with special emphasis on raising awareness and interest of both users and providers of e-services”, the government explained.

It also adopted the report on the implementation of the Law on Enforcement of Suspended Sentence and Community Service.

Source: Cafe Del Montenegro