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16.7 °C
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5.8 °C

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Montenegro

UNTIL AUGUST 31 06. 09. 2019.   >>  18:01 0

UNTIL AUGUST 31

21 percent increase in residence tax collection

Montenegro has collected almost seven million Euros of residence taxes by August 31, up 21 percent from the same period last year, State Secretary at the Ministry of Sustainable Development and Tourism (MORT) DamirDavidovicsaid.

Davidovic said that,when it comes to collection of the residence tax, results from 2018 will be "passed" in the third decade of September.

"This is exact data, this is the amount on the account for the residence tax,"Davidovic said in the Morning Program of the National Public Service.

Montenegro reportedly generated more than € 700 million in revenue in the third quarter last year.

"Regarding overnight stays for total of six months, plus hotels in the seventh month, we have 550,000 overnight stays more," Davidovic said, adding that extremely high growth rates are being registered.

Davidovicrated the season in Montenegro as good, adding that September is very important month.

"According to all indicators, the revenues are good this year," Davidovic said.

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