Montenegro expects half a billion euros in foreign aid
- Montenegro expects half a billion euros in foreign aid
- Post By daniloc
- 14:11, 16 april, 2002

Podgorica (MINA-BUSINESS) - The Macromanagement Centre, part of the School of Economy of the Podgorica University, will present on Tuesday a new book on the Alternative Development Concepts for Montenegro. The book#s authors expect Montenegro to attract more than 325 million euros in foreign donations until 2004 for economic development and infrastructure and around 200 million euros in budgetary support. Since 1998, Montenegro received 409 million euros in international assistance. Around 65 percent of expected future donations would be spent on infrastructure, mainly transportation, water supply, waste management and the power sector. Around 100 million euros will be invested in the economic development of Montenegro. Some 33 million will go to education, health and social care. Agriculture is expected to get 9.4 million euros.