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Bad, but expected ( 2008-09-05)

Even though the Montenegrin economy has recorded the biggest growth in the region and even though Montenegro has a GDP growth rate of 8 percent, data and statistics on inflation and foreign trade deficit are concerning in regards to long-term progress.

In the first half of this year, the commodity deficit amounted to EUR 947.4m. Until now, the Government has not been concerned about the high foreign trade deficit because of the high inflow of direct foreign investments. However, the newest data of the Central Bank show that foreign investments in Montenegro recorded a decrease of around 5 percent in the first 6 months of this year.

(Republika)


 

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