Vuković with Meken: We are creating an environment of stable public finances

McCann said that she is ready to further expand cooperation and provide support, and she was interested in issues of strengthening the transparency of state finances.

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Meken and Vuković, Photo: Gov.me
Meken and Vuković, Photo: Gov.me
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The government is dedicated to creating an environment for long-term stability of public finances, said Minister of Finance Novica Vuković, during the first diplomatic meeting with the British ambassador, Dawn McCann.

Vuković, as announced by the Ministry of Finance, thanked for the continuous support and partnership between Montenegro and Great Britain.

He introduced Meken to the current activities of the Ministry of Finance, which are primarily oriented towards determining the state of public finances and creating priority policies in that area, where he highlighted the work on rebalancing for this year and the proposal of the Budget Law for the next year as priorities.

McKen congratulated Vuković on his position and wished him success in managing the extensive portfolio that it entails.

From the meeting
From the meetingphoto: Gov.me

She also said that she is ready to further expand cooperation and provide support, and she was interested in issues of strengthening the transparency of state finances.

Vuković stated that the Government of which he is a member absolutely appreciates the importance of openness in work and the strengthening of collective awareness of understanding the management of state money, adding that the institution he manages will work on developing internal capacities that will enable macroeconomic forecasts to be made, with less dependence on external forecast, that is, of other financial institutions, in order to promptly create appropriate financial policies.

"As one of the priorities in the future work, the interlocutors identified strengthening the capacity of the Revenue and Customs Administration, which will be fully supported by the Ministry of Finance, as the body that supervises its work, as well as the British Embassy, ​​which is already in partnership with the Administration, emphasizing the area of ​​customs and the creation of legislation regulating it", the announcement concludes.

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