The Montenegrin economy still on recession

Montenegrin economy still could not pass the recession, while its recovery is expected to be in the end of the year. The information was broadcasted by the Montenegrin pres which published the statement of Montenegrin Minister of Economy.


"It is not easy to talk about the recovery, but we are expecting for a sustainable economy until the end of the year", said Montenegrin minister of economy, Branko Vujovic.


According to the Montenegrin media, Vujoviç stated that the GDP for first three months was on 0 scales, and during this year the growth is expected to be 0.5. Montenegrin economy has marked a decrease of  5.3 %.


However, Vujoviç stressed that there are some positive movements of recovery, especially in sector of producing and energy. 

Source: ekonomia-ks.com