Economic reforms

Activities of the Government of Montenegro are essentially linked to the fact that Montenegro still faces the effects of the global economic crisis, and that this circumstance requires the development of policies that need to stop the unfavorable economic trends, initiate economic recovery, growth and development, new employment, as well as to provide equitable distribution of the burden of the crisis and continuously improve the quality of life of citizens. The reforms define priority commitments to eliminate the consequences of the global economic crisis, which primarily relate to: the preservation of financial stability, balance revenues and expenditures, consolidation of the public sector through the reduction of public spending, improving the business environment and the continuation of structural reforms in the labor and social welfare, health, education and science, which as a result should have the improvement of life quality, particularly through the provision of higher employment, better health care and better education.

Further implementation of regulatory reforms creates conditions for boosting productivity and competitiveness of small and medium enterprises, increase economic activity and attract foreign investment as a prerequisite for an increase in gross domestic product, increased employment and economic competitiveness of the Montenegrin economy. Measures in the field of energy, tourism, transport and agriculture encourage overall economic growth and contribute to more balanced regional development.

Montenegro recognized that good neighborly relations and integration would represent a guarantee of its successful development. Based on strategic national interests or the interests of its citizens, taking into account the processes in the region, and the wider European environment on a global scale, Montenegro as an independent state directs its foreign activities.

One of the key reforms of Montenegro, presented as a strategic goal, is membership in the European Union. Montenegro sees the EU as the best framework for further development of overall reforms, adapting to European standards, as well as making improvement of bilateral relations with the member states. The European Union is an escape from the national government, through the attempt to create a mega-national state, and one of the ways to survive the bureaucracy and faith in the welfare state. The mere desire to join the EU is consciously or unconsciously accepting the theory of liberalism and liberal market. Today the emphasis is on joining the EU, or to become a member.

In Montenegro, there is no overall consensus on the need for EU integration, which gives an additional impetus for accelerated progress towards this goal. Speed of our progress in the integration process depends on the dynamics of economic, political, judicial and reforms. Vision of economic reform is a type of development, qualitative change of economic activities, openness to new state of innovation and change, investing in the market, which allows us to secure further progress and development.