24 Dec 14
Montenegro Press Review – December 24, 2014
Podgorica assembly approves 2015 budget; Foreign Direct Investment rose in 2014; government sums up achievements for 2014 and announces plans for 2015.
After a several hours of heated discussion, the councilors of the ruling coalition at the local level have adopted the budget of the Capital City Podgorica for 2015 in the amount of 49 million euros. The opposition voted against it. A fierce debate with mutual insults has been led over the construction of the city theater.
Montenegro’s Prme Minister Milo DJukanovic said that despite the crisis, the country managed to increase the amount of foreign direct investments, amounting to 314 million in the first 11 months of this year. That is 17 percent more than in the same period last year.
The year of 2014 was a success, as it continued the main coordinates of the state policy, PM Milo Djukanović said, adding that Montenegro continued to be a successful promoter of European and Euro-Atlantic values in the Western Balkan. “We expect the economic growth in 2014 to be slightly above 2 per cent. Lower than we planned, but higher than in the euro zone and the EU. Also, we have created over 3 000 new jobs,” he said.
Source: Balkan Insight (Montenegro)