The Ministry of Finance has issued a decision on temporary financing for February

The Parliament of Montenegro, as of December 31 last year, did not adopt this year's budget

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

The Ministry of Finance has issued a decision on temporary financing for February.

The decision on temporary funding for February was published today on the website of that government department, and has been in effect since February 1.

As of December 31 last year, the Parliament of Montenegro did not adopt this year's budget.

Accordingly, the Law on the Budget and Fiscal Responsibility stipulates that if the law on the state budget is not adopted by December 31 of the current, for the following year, the Ministry of Finance, until its adoption, approves monthly funds to spending units up to the amount of one twelfth of the actual expenditures in the previous year fiscal year.

This year's budget is scheduled to be discussed at today's parliamentary session.

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