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The adjustment of the IMF predictions in relation to the economy of Montenegro



06.06.2014

The IMF has once again this year changed the outlook for gross national product of Montenegro. In January 2014 the Fund predicted the economic growth of the country by 2.9 percent. In March, the forecast has been adjusted and reduced by half. Now the IMF is almost back to the indicator contained in the report of the Fund, published in the beginning of the year.

International Monetary Fund experts believe that the trend of growth of the Montenegrin economy will continue in the next two years. In 2015, the IMF predicts growth of 2.9 percent, and at the end of 2016, this figure could reach even 3.1 percent.

According to the analysts of the United Nations specialized agency, the inflation rate in Montenegro will not grow so rapidly. With 0.3 per cent this year, it will rise to only 1.1 percent in 2016.

The IMF suggests that the political crisis in Ukraine could negatively affect the performance on the economies of the countries that are habitually referred to Eastern Europe. In addition, it says that the economy of the European region in 2014 will recover is not as fast as was expected.

 According to IMF assessments, at the end of this year Croatia will be a country with a negative index of GDP. Slovenia has also become one of the countries with problematic economy. Slovenian gross national product growth is predicted at 0.3 percent.


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  • Last year we decided to find a new home close to the sea. It was quite difficult in the beginning to make the right choice. Once we found CMM Company was a great luck! We immediately received detailed consultation on the country and purchase opportunities. Being attracted by Kotor - one of the most amazing parts of the coast, we decided to take a family trip and maybe make our dream of new home come true. As just discoverers of Montenegro, we were accepted like at home which was a one more pleasant surprise. The most important, we received all detailed information about country regions and procedure of buying property during the first few days. And how beautiful the car journeys were! Difficult choice, but when you find the home you want you can't refuse it. CMM did best to help us with this finding! All the purchase procedure passed well with CMM professional work! Now we are happy owners of a wonderful house with a Kotor bay view, being perfectly served by CMM Management company (of course, we've chosen CMM as professional house manager). Hope our friends and relatives would also move to Montenegro with the CMM help soon !!!

    Kate, 22.03.2019 13:06:21

  • Just a brief thanks to CMM! I was buying a plot for house construction. They found the best possible options for my inquiry, replied all my questions and made full accomodation till the deal close. Responsible managers, quality service. So greatful to the Company for the job done!

    Noah, 15.03.2019 13:13:00

  • Dear CMM team, just to leave a small feedback on the superjob you've done ! It was not an easy period for us with a child. As we had to sell our home property and decided alternatively buy some nice house at Montenegrin coast. We were truly frightened at the start. My colleague, being your customer, gave a good recommendation, so, we called the office. All the part, covering seach and purchase in Montenegro, was quickly, safe and perfectly done. Good luck and further success and propsperity to the company! Special thanks to Alexander and Snezana for professional approach!

    Mariana , 06.03.2019 13:06:00

  • Always thought that buying property abroad isnervous and difficult task. CMM changed my mindset. I felt support and care in every step: from the first call arranged till receiving the Owner's list. I am also happy about how they make my apartment management. Now, whenever me or my family members come home to Montenegro, I am absolutely confident that my apartment is in the best condition!

    Harry, 26.02.2019 13:11:00

  • Good day! The first time we met professionally organised step by step work with property in the Southern country. It was a nice surprise for me and my spouse. Well-established algorithms helped us to understand country, its particular features, pluses and drawbacks. Professional manager (Petar Kuzmich) helped us to avoid mistaken choice and provided a really wide number of options to choose from. We felt and still do absolutely safe while buying a house. Happy to come across with your company! Will recommend to our neighboors and family friends in first Norway home.

    Alice and Andrew, 05.02.2019 13:04:00

  • As people from the North, we would express our gratitude to CMM team for advice and professionalism! Never met this before dealing with real estate. Perfect job, super-trained experts! Thanks Google we reached you. Now holidays only with CMM! My daughter is in love with Montenegro. Now started to persuade me to buy some flat on the coast. We know to whom to turn for professioanl help now!

    Oliver, 23.01.2019 13:08:00

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