The Deputy Prime Minister for Economic Policy and Minister of Economic Development, Nik Đeljošaj, presented the current economic situation in the country at the IMPULSE event of the German-Montenegrin business club and called on German investors to continue investing in Montenegro.
Đeljošaj participated in the IMPULSE event at the Ramada Hotel, in the presence of the German ambassador, Peter Felten, and representatives of the business sectors of both countries.
The IMPULSE event, as announced by the Ministry, was recognized as an important step in strengthening economic cooperation between Montenegro and Germany, providing a platform for improving trade ties and opening new opportunities for investments.
Đeljošaj emphasized the importance of the long-standing friendship between Montenegro and Germany, emphasizing Germany's support for the European integration of Montenegro and efforts to improve the business environment.
He presented key economic indicators, such as gross domestic product (GDP) growth of 6,3 percent and record low unemployment of 11,4 percent, which confirm the stable development of the Montenegrin economy.
"In the past year, we managed to significantly improve the standard of citizens by increasing the minimum wage to 600 euros, while the minimum pension was increased to 450 euros. These measures have a concrete impact on the daily life of our citizens," said Đeljošaj.
He also referred to the success of the Limited Price campaign, which contributed to the reduction of inflation to one percent per year, the lowest rate in the last three years, which significantly reduced the cost of living of citizens across the country.
"In Montenegro, we often use: firmness, quality and seriousness as in the case of the Germans, so I invite you to continue investing in Montenegro, so that all the virtues are present here as well and that they are also our motto in business development, but and the state," said Gjeloshaj.
He thanked the organizers for the invitation and emphasized the importance of joint efforts in creating a favorable environment for investments and prosperity of both countries.
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