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Montenegro's budget revenue rises 8.4% y/y in July - table

Author Radomir Ralev
Montenegro's budget revenue rises 8.4% y/y in July - table License: Creative Commons BY-NC 2.0

PODGORICA (Montenegro), October 10 (SeeNews) - Montenegro's total budget revenues rose 8.4% on the year in July to 174.1 million euro ($191.8 million), according to data from the country's central bank.

Expenditure under the consolidated budget grew 15.1% year-on-year in July, reaching 179.4 million euro, data posted on the website of Montenegro's central bank showed. 

Details follow (in millions of euro):

  July'19 July'18
Budget revenues 174.1 160.6
- taxes 115.4 105.0
- contributions 48.7 45.7
- duties 1.8 2.0
- fees 2.7 3.0
- grants and transfers 1.7 0.8
Budget expenditure 179.4 155.9
- current expenditure 73.1 61.6
- social security transfers 46.2 44.0
- capital expenditure 23.2 23.5

($ = 0.907539 euro)

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