• četvrtak, 24 jul 2025

Concerns raised about budget revenues

Concerns raised about budget revenues

Podgorica, (MINA-BUSINESS) – Members of Parliament debated today the proposed amendments to this year’s Budget Law, which, according to the government, are of a technical nature, while the opposition raised concerns about the revenue side of the state budget.

 

Minister of Finance Novica Vukovic said the amendments were proposed to align with the adoption and implementation of the new Regulation on the Organization and Functioning of Public Administration, as well as to make technical adjustments within the current and capital budgets.

 

“The Regulation defines new spending units formed as a result of the transfer of competences, along with civil servants, equipment, and official documentation, from the Capital Projects Administration to the Ministry of Public Works, and from the Ministry of Mining, Oil and Gas and the Ministry of Energy to the new Ministry of Energy and Mining,” Vukovic explained.

 

Member of Parliament Tonci Janovic of the Europe Now Movement stated that the country has stable revenues and was regularly meeting its obligations.

 

 

MP Nikola Milovic of the Democratic Party of Socialists (DPS) parliamentary group stated that the technical budget revision was a consequence of the increase in the number of ministries to twenty-fine, alongside seven deputy prime ministers and one prime minister.

 

Milos Konatar of the United Reform Action (URA) said that the budget revision stemmed from the “increased number of political appointments in what is now the world’s largest government per capita.”

 

MP Boris Mugosa of the Social Democrats (SD) said that his party had submitted amendments to the proposed budget revision, urging all MPs take a much more serious, collective approach to the country’s economic model.