In cooperation with the Assembly, improve the investment environment

Both parties expressed their willingness to continue an active dialogue in order to ensure predictable and sustainable growth and development of the investment environment, the office of the minister without portfolio announced.

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Milutin Butorović, Photo: PES
Milutin Butorović, Photo: PES
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Intensified joint work on projects that are of strategic interest to the economy of Montenegro, along with the continuous exchange of information and initiatives with the Government and Parliament of Montenegro, was agreed upon at the meeting of the Minister without portfolio in the Government of Montenegro, Milutin Butorović, with the Director of the Investment Agency of Montenegro, Snežana Đurović. .

Both sides expressed their willingness to continue an active dialogue in order to ensure predictable and sustainable growth and development of the investment environment, the office of the minister without portfolio announced.

The meeting discussed the possibilities of closer cooperation with the legislative branch of government, in the context of creating a more favorable legal framework for investors and facilitating the investment procedure. Director Đurović emphasized the importance of synergy, in order to speed up the processes of adopting legal solutions that encourage investments in key sectors, according to the announcement.

"The government is making maximum efforts to improve the business environment, and with the new Fiscal Strategy, among other things, after reducing the tax burden on labor, it will become a country with the lowest wage costs in Europe. All these activities recommend Montenegro as a reliable investment destination. It is our obligation to do even more in cooperation with the Parliament," said Butorović.

He emphasized the important role of the Investment Agency through the provision of expert proposals and initiatives, relying on the best world practices, in order to attract reliable investors.

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