Economic growth will continue

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Deputy Prime Minister for Economic Policy and Financial System Milutin Simovic said that the Government of Montenegro is determined to continue with dynamic and sustainable economic growth and achieving the vision of the progress of the entire society and improving the quality of life of all citizens.

At a press conference where the Proposal of the Budget Law for 2018 adopted by the Government at yesterday’s session was presented, Simovic said that the budget was adopted after the first year of conducting financial consolidation and achieved encouraging results on improving the stability of the financial sector, as well as the achieved significant growth of our economy.

“Encouraged by the achieved, we are determined to continue with dynamic and sustainable economic growth and achieving the vision of the progress of our entire society and improving the quality of life of all citizens. The achieved economic growth at the highest rate in the region and among the highest in Europe is an incentive, but the task is more and more challenging for the next budget year,”Simovic said.

According to him, Montenegro’s economic development is aimed at diversifying the economy, changing its structure, opening up new companies, increasing employment, increasing competitiveness based on greater innovation and strengthening export opportunities.

“Our important goal and growing need is the development of human resources, the improvement of education, the establishment and promotion of a knowledge society, the growth of entrepreneurship, support for innovations and new technologies,” Simovic said.

Source: Radio Television Montenegro

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