CBCG Governor Addresses the Regional Meeting in Osijek: Monetary Policies and Payment Modernisation in Focus
01/04/2025
CBCG Governor Irena Radović participated in the regional meeting of central bank governors, which the Croatian National Bank organised from 31 March to 1 April in Osijek. The event brought together governors and senior representatives from the European Central Bank and the region's central banks to discuss current economic topics and monetary and financial policy trends.
The event included a round table at the Faculty of Economics and Business in Osijek titled Inflation and Payment Technology in a Dynamic Environment, where Governor Radović was a panellist. During the discussion, the governors analysed the current inflation trends in their countries and discussed the challenges and opportunities for improving payment systems.
In her address, Governor Radović pointed out that inflation in Montenegro is slowing down gradually and that this trend is expected during 2025 despite risks that include geopolitical uncertainties, fluctuations in raw material prices, wage and pension growth, and labour market imbalances. She highlighted the importance of transparent communication with the public, noting that the CBCG regularly publishes analyses, reports and research to provide citizens and the economy with relevant data on macroeconomic trends.
The governor also presented the CBCG's activities on modernising payment systems, especially underscoring SEPA integration, which will significantly reduce transaction costs and improve the efficiency of payment transactions. She also referred to the TIPS clone project, the implementation of which will improve financial inclusion and enable faster and safer payments in Montenegro.
Following the panel discussion, the governors answered the questions of the students and entrepreneurs in attendance, fostering a deeper dialogue on key economic topics.
Regional meetings of central bank governors are an influential platform for exchanging experiences and coordinating policies to preserve financial stability and encourage economic cooperation.