Committee for the Economy tomorrow on the budget

On the agenda of the session is also the Proposal for a Decision on Borrowing of Montenegro for the next year
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From the previous session of the Board, Photo: Savo Prelevic
From the previous session of the Board, Photo: Savo Prelevic
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The session of the Parliamentary Committee for Economy, Finance and Budget, where the Bill on the Budget of Montenegro for the next year will be discussed, will be held tomorrow.

On the agenda of the session is also the Proposal for a Decision on Borrowing of Montenegro for the next year.

The proposed budget foresees a total amount of receipts and expenditures of 2,58 billion euros.

Of this, 1,32 billion is allocated to the current budget, the budget of state funds is 769,19 million euros, the capital budget is 229,96 million euros, financing transactions are at the level of 556,95 million and reserves are 22,5 million euros.

The original budget revenues are planned in the amount of 1,99 billion euros, that is, 39,6 percent of the gross domestic product (GDP) and compared to the planned, they are 8,4 percent higher.

Total expenditures are planned at the level of 2,38 billion euros, or 40,5 percent of GDP. In the structure of total expenditures, current budget spending is at the level of 1,8 billion euros.

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