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PM Marković: Montenegro's budget is stable, warning sent to local governments

PM Marković: Montenegro
Published date: 19.10.2018 15:21 | Author: PR Service

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PR Service PR Service

Podgorica, Montenegro (19 October 2018) - Prime Minister Duško Marković told earlier today that generating unjustified costs coming as a result of irresponsibility of local governments and their businesses needs to be stopped, as this endangers the sustainability of the state budget.

"We will especially monitor the reports on the funds allocated on every basis, which falls under the remit of budgetary and inspection bodies" said Prime Minister Marković at a meeting with heads of the Department of Public Revenues, Customs Administration and the Inspection Directorate, Miomir Mugoša, Vladan Joković and Alija Košuta

The Department of Public Revenues reported that EUR 781,177,940 of tax was collected in the first nine months, which is EUR 36.5 million (5%) more than planned, and EUR 104 million (15%) more than in the same period of 2017. It was especially emphasised that the total collection during the period June - September, i.e., during the tourist season amounted to EUR 380,421,848, which is 36 million euros more compared to the same period of 2017.

During the tourist season, the Inspection Directorate issued nearly 8,000 misdemeanor warrants (7,908) in the period from 11 June to 31 August, thus imposing fines totaling EUR 2,762,274. The laragest number of misdemeanor warrants were issued in the municipality of Budva - 2.077, amounting to EUR 774,134.

It was noted that the competent services have taken adequate measures to suppress the gray economy and that the trend of increasing the collection of revenues is good. The meeting stressed that, in addition to the strengthening of control and additional measures, the regular consultations with the Prime Minister greatly contributed to this result. It was concluded that the only exceptions are local governments.

The meeting was also attended by Deputy Prime Minister for Economic Policy and Financial System Milutin Simović, and ministers of economy and finance, Dragica Sekulić and Darko Radunovćc.

PUBLIC RELATIONS SERVICE OF THE GOVERNMENT OF MONTENEGRO