Meeting of the Governor of the CBCG and the Executive Director of the Belgian-Dutch Constituency in the IMF
08/04/2016
The Governor of the Central Bank and the Governor of Montenegro in the International Monetary Fund Milojica Dakić and his associates met today with the Executive Director of the Belgian-Dutch Constituency in the IMF Menno Snel, who is on an official visit to Montenegro.
During the meeting, participants exchanged views on the conclusions from the IMF’s Article IV consultation with Montenegro - a regular IMF mission that, at least once a year, collects information in a member country on the current state of the economy, prospects and policies. They also discussed the Financial Sector Assessment Program, implemented by the experts of the Fund and the World Bank in Montenegro during the last year. Participants also talked about proposals for a possible technical assistance from the IMF to Montenegro which will be further discussed during the upcoming Spring Meetings of the IMF and World Bank in Washington from 15-17 April.
The Belgian-Dutch Constituency, managed by Mr Snel, stands in the Fund as an example of a European and international cooperation of open developed and emerging economies that have shown a strong interest in global stability. As a member of the IMF's Executive Board, which consists of 24 executive directors in charge of daily management of the Fund, Mr Snel represent the interests of Montenegro, the Netherlands, Armenia, Belgium, Bosnia and Herzegovina, Bulgaria, Croatian, Cyprus, Georgia, Israel, Luxembourg, FYR Macedonia, Moldova, Romania and Ukraine.