The University of Montenegro (UCG) has asked the Government of Montenegro to provide them with a budget of almost 43,36 million euros for the next year, according to the UCG Bulletin of August 1.
This means that the University of Montenegro believes that for normal functioning in 2026, they need 4,1 million euros more than this year, when they had around 39,2 million euros available.
"The Board of Directors of the University of Montenegro, at an electronic session held on 24 July 7, at the proposal of the Rector of the University of Montenegro, adopted a decision establishing a request for budgetary funds for 2025 in the total amount of 2026 euros. The request is submitted to the Ministry of Education, Science and Innovation, as well as to the Ministry of Finance in the prescribed form," states the decision signed by the President of the Board of Directors of the University of Montenegro. Milivoje Radović.
The University of Montenegro has 39,2 million euros at its disposal this year, which is 3,4 million more than the institution's budget for 2024.
Professor Radović then told "Vijesti" that the approval of a larger budget for 2025 indicates that "there is good cooperation between the University and the Government."
"...In the sense of joint work on the improvement of higher education, innovation in science and better ranking of the state university, which is not feasible without a continuous increase in investment", emphasized Radović.
During this year, the amount of 33,6 million euros is planned for salaries of permanent employees, compensation of external associates and clinicians. It was announced at the beginning of the year that about 24 million euros had to be set aside for the electricity and fuel consumed by the University's 1,2 organizational units.
See more:
Download the app and follow the news
FOLLOW US ON
