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The adjustment of the IMF predictions in relation to the economy of Montenegro



06.06.2014

The IMF has once again this year changed the outlook for gross national product of Montenegro. In January 2014 the Fund predicted the economic growth of the country by 2.9 percent. In March, the forecast has been adjusted and reduced by half. Now the IMF is almost back to the indicator contained in the report of the Fund, published in the beginning of the year.

International Monetary Fund experts believe that the trend of growth of the Montenegrin economy will continue in the next two years. In 2015, the IMF predicts growth of 2.9 percent, and at the end of 2016, this figure could reach even 3.1 percent.

According to the analysts of the United Nations specialized agency, the inflation rate in Montenegro will not grow so rapidly. With 0.3 per cent this year, it will rise to only 1.1 percent in 2016.

The IMF suggests that the political crisis in Ukraine could negatively affect the performance on the economies of the countries that are habitually referred to Eastern Europe. In addition, it says that the economy of the European region in 2014 will recover is not as fast as was expected.

 According to IMF assessments, at the end of this year Croatia will be a country with a negative index of GDP. Slovenia has also become one of the countries with problematic economy. Slovenian gross national product growth is predicted at 0.3 percent.


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  • In period May-August 2022 we sold our flats in St-Petersburg Russia and  have bought two  ones here in Montenegro, Becici. We decided to move here and make new home and business with my husband. Our agent Milica Zugic  is really became our angel - provider here in Montenegro. She is very reliable, responsible , professional  employee of CMM Budva department. She has developed intuition and found very fast necessary properties which we needed. Also she helped us to speed up the process of registration documents in MUP.( list nepokretnosti, etc). She was our real provider here. Very appreciated her and all staff of Budva department for there assistance. Separately to lawyer Ivan and his legal team. Very recommended choose Milica Zugic as real estate manager when you search for assistant in this complicated and important field as buying property in Montenegro.

    Liudmila Nosova St-Petersburg Russia , 13.09.2022 09:20:09

  • At the beginning of April 2022, our family living in Prague bought a house in Sutomore with the assistance of your company.
    Let me express my gratitude to the management of your company for the service provided, and especially to your employees - Anastasia Zeyak, Alexei Grachev and Elena Bozhovich for their attention, patience and even care for the whole time of buying real estate and the services provided after the purchase.
    I would really like all companies to work with the same quality of service. After coming into contact with this kind of attitude towards the client, all our environment, if necessary, will refer to your company only.
    With gratitude on behalf of our family.

    A.V. Ter-Gazaryan, 12.07.2022 10:32:19

  • Based on my experience with CMM in Budva, Montenegro, I can say that they are reliable, fast, and they deliver what they promise. They take really good care of their clients. For instance, I was offered a lift from the airport, and they would take me back and forth from Tivat to Budva and Becici to see various properties. They would answer all of my questions and respond promptly. They have an excellent team: Katarina, Alexander, Natasha, Martin and some other guys whose names I don’t remember. Katarina, my wonderful agent, went to every length to help me find a perfect home. Unfortunately, my situation changed and I had to postpone my relocation to Montenegro.
    I would strongly recommend this company to anyone who is looking for a property in Montenegro.

    Val , 13.05.2022 02:18:13

  • We were introduced to CMM by friends who had already done research on Montenegro and CMM. We purchased our apartment in Dobrota, just outside Kotor, all remotely from South Africa, during the lockdown. Everything was seamless without any problems at all. All the CMM departments work together well from the sales team, head office, legal, interior design and rental department. Every detail was well communicated with an abundance of zoom meetings, videos, emails etc
    We are thrilled with the outcome and enjoyed working with the CMM team. They were incredibly professional.
    After sales service is also excellent as we move into the rental phase of the apartment and over all management of the apartment including maintenance.
    We have been directly and indirectly involved with many houses/apartments all over the world and this was the up there with the best service we have received.
    Thanks to everyone we dealt with at CMM it has been an absolute pleasure dealing with you all. We look forward too many happy years working with you on our rental.

    Mandy and Antoine, 06.10.2021 08:56:22

  • Biz Montenegroda CMM komandayla  tanish olmushug. Snejana ve Milan bize cox  yaxshi destek olublar. Artig bizim burada evimiz de var. Bize gosterdiler cox yuksek service, ve artig butun bizim senedler de gaydasindadir. Boyuk hormetle onlara Cox sagol bildiririk!

    Dilara, 01.10.2019 06:17:27

  • Last year we decided to find a new home close to the sea. It was quite difficult in the beginning to make the right choice. Once we found CMM Company was a great luck! We immediately received detailed consultation on the country and purchase opportunities. Being attracted by Kotor - one of the most amazing parts of the coast, we decided to take a family trip and maybe make our dream of new home come true. As just discoverers of Montenegro, we were accepted like at home which was a one more pleasant surprise. The most important, we received all detailed information about country regions and procedure of buying property during the first few days. And how beautiful the car journeys were! Difficult choice, but when you find the home you want you can't refuse it. CMM did best to help us with this finding! All the purchase procedure passed well with CMM professional work! Now we are happy owners of a wonderful house with a Kotor bay view, being perfectly served by CMM Management company (of course, we've chosen CMM as professional house manager). Hope our friends and relatives would also move to Montenegro with the CMM help soon !!!

    Kate, 22.03.2019 11:06:21

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