Additional 8,1 million euros from the Growth Plan for Montenegro

The European Commission, as a result of the implementation of the obligations from the Reform Agenda, approved the payment of the second tranche of funds from the Growth Plan for Montenegro, in the amount of 8,1 million euros, the Ministry of European Affairs and the Ministry of Finance announced.

Accordingly, the corresponding portion was paid into the state budget, in the amount of 3,8 million euros, while the remaining funds of 4,3 million euros will be allocated for infrastructure projects that Montenegro has nominated within the Western Balkans Investment Framework (WBIF).

"These funds represent the result of significant reform steps in several areas - from spatial planning and harmonization with the rules of the internal electricity market, to the reform of the social and child protection system. In addition to the above, Montenegrin institutions have also made progress in the area of ​​reform of inspection services, implementation of the electricity market integration package, reduction of gender-based violence, improvement of energy efficiency, as well as in balancing results in the fight against organized crime," the statement reads.

The reforms in question are included in the second semi-annual report on the implementation of the Reform Agenda of Montenegro for the EU Reform and Growth Instrument 2024–2027, which the Government submitted to the European Commission in July.

"The general conclusion of the Report is that visible progress has been made in implementing reforms, while in the coming period, intensive work will be carried out on the implementation of the remaining activities," the two government departments announced.