Governor Radović Meets UNDP Regional Director to Further Strengthen Strategic Partnership
02/04/2026
The CBCG Governor Irena Radović met today with the Assistant Secretary-General of the United Nations and Director of the United Nations Development Programme (UNDP) for Europe and Central Asia, Ivana Živković, to discuss further enhancement of the strategic partnership between the CBCG and UNDP.
During the meeting, they confirmed that the CBCG and UNDP are developing a strong partnership focused on modernising the financial system, strengthening institutional capacities, and supporting Montenegro’s European integration. Particular attention was given to activities carried out through the FINSTEM project, which makes a significant contribution to the digital transformation of the CBCG and the modernisation of Montenegro’s financial sector.
Governor Radović emphasised that cooperation with UNDP represents an important pillar in implementing the CBCG’s development and reform processes.
“The partnership with UNDP is reflected through concrete projects and initiatives aimed at modernising the CBCG as an institution, as well as further improving the financial system as a whole,” said Governor Radović. She noted that it is particularly important that joint CBCG–UNDP activities contribute to Montenegro’s integration processes.
In this context, the Governor highlighted the significant role of the FINSTEM project, as it strongly supports reform processes, digital transformation, and the development of a modern, resilient, and sustainable financial system.
“We also consider activities in the area of the green agenda, i.e. the greening of the financial sector, to be extremely important, as they are becoming an integral part of a responsible and long-term sustainable development policy,” Governor Radović added.
UNDP Director Ivana Živković stated that cooperation between UNDP and the CBCG contributes to further development of digitalisation, the application of innovative solutions, including artificial intelligence, and strengthening the framework for green and sustainable finance, in line with contemporary European and global practices. She added that UNDP will continue to support joint initiatives that contribute to a stable, inclusive, and sustainable financial system.
At the end of the meeting, both parties reaffirmed their readiness to continue and further deepen cooperation through joint activities contributing to the development of a modern, secure, and sustainable financial system in Montenegro.