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Macro Poverty Outlook for Montenegro : April 2022 (Английский)

Montenegro’s economic recovery in 2021 was robust, supported by tourism revival. The labor market also responded to economic recovery and the fiscal position significantly improved. Montenegro adopted a landmark reform program “Europe Now” which carries many opportunities, but also significant fiscal risks. The outbreak of war in Ukraine is worsening the otherwise positive outlook. This together with rising inflation risks will impact living standards...
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