European Parliament Library

Republic of Montenegro :, 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republic of Montenegro

Abstract
This 2008 Article IV Consultation highlights that Montenegro has made significant progress in overhauling its economy. The authorities have taken several welcomed steps to help strengthen financial sector stability. Executive Directors have welcomed the structural reforms implemented over the past few years and financial integration that have helped Montenegro attract substantial foreign direct investment and generate rapid growth with moderate inflation. Directors have also supported the authorities’ actions to bolster financial system stability and reduce vulnerabilities by intensifying supervisory oversight, tightening prudential regulations, and lifting bank capitalization requirements
Table Of Contents
Cover; Contents; I. Staff Appraisal and Summary; II. Context; III. Outlook: Weaker Growth with Substantial Downside Risks; IV. Financial Sector Risks Require Careful Management; V. Fiscal Stability is Coming Under Pressure; VI. Further Structural Reforms are Critical for Sustained Growth; Boxes; 1. Assessing Competitiveness; 2. Recent Measures to Strengthen Bank Soundness; Figures; 1. Financial Sector Developments, 2005-08; 2. Parent Banks' Equity Performance, 2007-09; 3. Developments in the External Sector, 2008; 4. Fiscal Developments, 2005-08; Tables
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (57 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462390717

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow