CUP: Decision on margins, continuation of anti-market behavior of the Government

The government continues to make decisions in the field of economic policy without consulting the economy, CUP says

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Photo: CUP
Photo: CUP
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The latest decision on limiting margins was made without consultation and adequate dialogue with employers and represents a continuation of the Government's anti-market behavior, the Montenegrin Association of Employers (CUP) announced.

"With this approach, the Government is collapsing the business environment, and the range of decisions will essentially not have a positive impact, on the contrary, it will harm the economy and citizens," said CUP, commenting on the Government's latest decision to reduce margins for around 70 products.

As they claim in CUP, the Government continues to make decisions in the field of economic policy without consulting the economy, that is, it plays the role of employers and thereby renders the social dialogue meaningless, which should be the basis of any market-oriented economy.

"Decision-making without adequate dialogue and respect for the market circumstances on the Montenegrin and wider market, without clear analyzes with a touch of populism, will seriously damage the environment of competition and lead to negative consequences in the business of the company," said CUP.

The government, as they added, forgets for the umpteenth time that new value is dominantly created by the economy and that its task is to create an adequate market environment for the benefit of the economy and citizens, and not to make decisions contrary to the market and the principles of social dialogue.

"CUP believes that it is now more than obvious why the Government does not want to reform the social dialogue, but artificially maintains the monopoly position of one association for almost two decades, which obviously has no influence to defend the interests of employers through social dialogue, to stop decisions that are anti-market and to the detriment of the long-term of the Montenegrin economy and citizens", said CUP.

In the CUP, they concluded that the essential challenges and problems in the Montenegrin economy are postponed, and the primacy over the creation of an appropriate business environment and the creation of adequate market conditions is assumed by the "race" in the adoption of economic measures, which are contrary to market operations and almost always end with a negative consequences for the economy and citizens.

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