Montenegro First Fiscal and Financial Sector Resilience PBG
Sector: Government • Location: Montenegro
Source: World Bank Group
This first in a series of two Fiscal and Financial Sector Resilience Policy-Based Guarantees (PBG) to Montenegro of EUR 80 million supports reforms to strengthen public finance sustainability and financial sector resilience. The operation supports a package of reforms that aims to stabilize public debt levels, boost investor confidence, mitigate the impacts of fiscal consolidation on the most vuln
- Status
- Closed
- Sector
- Government
- Location
- Montenegro
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | This first in a series of two Fiscal and Financial Sector Resilience Policy-Based Guarantees (PBG) to Montenegro of EUR 80 million supports reforms to strengthen public finance sustainability and financial sector resilience. The operation supports a package of reforms that aims to stabilize public debt levels, boost investor confidence, mitigate the impacts of fiscal consolidation on the most vulnerable, and strengthen macro-financial supervision. This DFP/PBG program supports reforms to safeguard fiscal sustainability and make the financial sector more resilient to potential shocks. These reforms are consistent with the government’s Fiscal Strategy 2017-2020 and the Economic Reform Program for 2017-2019 as outlined above. The operation is the first one in a series of two programmatic loans organized under two pillars (i) strengthening fiscal sustainability; and (ii) strengthening financial sector resilience, that underpin and inform the government reform agenda. The reforms supported by this operation enjoy coordinated support from the EC, the IMF and the World Bank, including with targeted TA. |
Original sector | FY17 - Financial Sector,FY17 - Health,FY17 - Public Administration,FY17 - Social Protection |
Location
Country | Montenegro |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-12-17 |
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