In Montenegro, the cost of the minimum consumer basket has increased

In Montenegro, the cost of the minimum consumer basket has increased

The total cost of the minimum consumer basket in Montenegro in September 2020 was 646,10 euros. According to the statistical office Monstat, of this amount, expenditures on food and non-alcoholic beverages amounted to 277,30 euros, and expenditures on non-food products and services - 368,80 euros.

According to the latest data, the total cost of the minimum consumer basket in September compared to August increased by 0,7 percent.

Montenegro can expect to receive about five percent of funds, grants and concessional loans in the amount of nine billion euros from the investment program of the European Commission (EC) for the Western Balkans, which is about 450-500 million, but it all depends on the quality of the proposed projects.

Over the past ten years since the inception of the EU investment system, Montenegro has received about 410 million of the approximately 7,5 billion allocated grants and soft loans to countries in the region.

The cost of projects for which Montenegro has so far applied independently or jointly with one or several neighboring countries, is about 1,7 billion euros.

Source.

Compare objects

compare