20. 05. 2022. 00:00   >>  17:58

GOVERNMENT OF MONTENEGRO

Green light for technical budget rebalance

The Government of Montenegro has given the green light for the technical rebalance of the budget for 2022, and the proposal will be submitted to the Parliament by urgent procedure.

A session of the Government is underway, at which the Proposal for Amendments to the Law on the Budget of Montenegro for 2022 was determined.

"The government has determined the Proposal on Amendments to the Budget Law for 2022.It decided to submit the bill to the Assembly for adoption in an urgent procedure," said Prime Minister DritanAbazovic.

The Secretary General of the Ministry of Finance and Social Welfare Mila Kasalica said that this law provides the basis for the work of the state administration in the coming period.

"The difference compared to the budget adopted on December 29 last year is an increase of some 60,000 euros and concerns four classifications - transfers to NGOs, repayment of liabilities from the previous period and repayment of guarantees," she said.

She explained that the increase came in line with the reorganization of budget funds.

The changes had to be due to the new structure of the Government, in which we now have 18 ministries and two ministers without portfolios, while in the previous convocation there were 12.

The Minister of FinanceAleksandar Damjanovic and the Director General of the Directorate for the State Budget BojanPaunovic have been appointed as representatives of the Government who will participate in the work of the Assembly when the proposal is discussed.