Closing Meetings at the IMF and the WB Annual Meetings Held
15/10/2018
Delegation of Montenegro held closing meetings at the IMF and the World Bank Annual Meetings.
At the meeting with Johannes Mueller, Deputy Director of the IMF Statistics Department, the Delegation expressed satisfaction with the quality of technical assistance received in the field of statistics on government financial positions, financial stability indicators, balance of payments statistics, monetary and national accounts. Further improvement of statistics in these areas will create conditions for a more quality and more informative adoption of fiscal and structural policies.
At the meeting with Gerd Swartz, Director of the IMF Fiscal Affairs Department, further technical assistance was agreed in the field of conducting analysis for possible reduction of public sector wage, analysis of the design of social benefits, cash management and outstanding liabilities. The importance of future cooperation in creating an institutional framework and strengthening the capacity of the Ministry of Finance in the implementation of the Law on Public-Private Partnership was particularly emphasized, with the aim of controlling and minimizing fiscal and residual risks that can arise out of these projects.