Sustainable Economic Growth and Challenges of Economic Policy in Montenegro

Economic analyst Mirza Mulešković warns that the current economic policy model in Montenegro is unsustainable. The projected economic growth for this year is uncertain due to reliance on consumption, increased imports, and decreased exports. Mulešković emphasizes the need for urgent structural reforms, economic diversification, and reduction of government current expenditures, especially in the public sector. He warns that administrative wage increases without real economic growth lead to price increases and inflation, which will further impact citizens’ living standards, especially during the tourist season. The current model leads to increased borrowing and a consumerist policy that is not sustainable in the long term.

Political Perspectives:

Left: Left-leaning reports emphasize the need for structural reforms to address social inequalities and protect the welfare of citizens. They focus on the negative impact of government austerity on public services and advocate for increased investment in social programs alongside economic diversification.

Center: Center-leaning articles present a balanced view, acknowledging the economic challenges Montenegro faces, such as reliance on consumption and fiscal imbalances. They stress the importance of implementing structural reforms and fiscal discipline while maintaining social stability and supporting economic growth.

Right: Right-leaning narratives highlight the inefficiency of current government spending, particularly in the public sector, and criticize the high level of government borrowing. They advocate for reducing public sector wages and expenditures, promoting free-market solutions, and encouraging private sector-led economic growth.

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