director - Ministarstvo finansija

Activities of the minister
BULLETIN OF THE MINISTRY OF FINANCE/JANUARY-MARCH 2006
March 10, 2006 – Minister of Finance Igor Lukšić hosted a
working lunch with the media representatives
- TOPIC: Stabilization and Association Process and negotiations
on Stabilization and Association of Montenegro to the
European Union.
“The Government will soon complete the draft Law on State Aid,
which should introduce European standards to Montenegro. It represents
another condition to be met in order to access the European
Union. European regulations imply that it is allowed to assist the
industrial branches as whole, not individual enterprises”.
gorička bank and emphasized that it was very significant, both in the
view of regaining the citizens’ confidence into the banking system
and the overall reform and development of banking sector in Montenegro.
He pointed out that this example proved that investment
risks in Montenegro show tendency of significant decrease and that
signing the agreement with one of the biggest European banks,
which entered the Montenegrin market, would bring about increase
in competition of domestic banking system, what was a justified belief.
It was jointly assessed that Podgorička bank privatization was
one of the most significant and very successful privatizations – implemented
in the last period, as well as that, on the basis of the up
to now results, numerous positive breakthroughs could be stated since
«Societe General» arrived.
Mart 3, 2006 – Parliament of the Republic of Montenegro
at the session from March 1, 2006 adopted the Law on Referendum
on State – Legal Status of the Republic of Montenegro,
which was published in the "Official Gazette of the Republic
of Montenegro“, No 12/06.
Pursuant to the provisions of the aforementioned law (Article
34), funds for implementation of the referendum shall be provided
from the budgetary funds of the Republic. Apart from the funds for
implementation of the referendum, the amount of 2.000.000,00 eur
will be allocated from the budgetary funds not later than three days
after the decision is made to call the referendum for the purpose of
the referendum campaign funding for both referendum options
(1.000.000,00eur for each referendum option). Funds for the referendum
campaign funding are to be allocated to the referendum campaign
entities, registered in accordance with the quoted law, who
shall be obliged, pursuant to the provisions of Article 39 of the Law,
to open a special giro account with an organ authorized to perform
payment operations, which can not be used for other purposes but
for collection of funds for the referendum campaign costs funding
and for all payments linked to the referendum campaign costs funding.
January 17, 2006 – Minister of Finance Dr Igor Lukšić took
part in the Euromoney Conference in Vienna
Minister Lukšić presented progress in achieving macroeconomic
stability and economic indicators realization. He presented challenges
in the framework of economic policy for the next period and emphasized
the investment opportunities for the territory of Montenegro.
It was underlined that important political processes in Montenegro,
first of all, the referendum on independence in May, would not
influence the economic developments and reform processes, which
had no alternative.
PR SERVICE OF THE MINISTRY
Spokesperson, Ana Miljanić
Senior employee I, Maja Bašić
March 9, 2006 – The Minister of Finance Dr Igor Lukšić
held talks with the delegation of the French Bank "Societe Generale"
and Director General of "Podgorička bank" Mladen Rabrenović
"Minister Lukšić expressed his satisfaction over the arrival of «Societe
Generale» to Montenegro and successful privatization of Pod-
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