A. Čukić
240.52 million euros were paid from the state budget of Montenegro on the basis of the debt for Eurobonds from 2016, which was issued by the former government.
The money was provided on time from a loan provided by the current government on the international financial market at the end of December last year in the total amount of 750 million euros, Vijesti has learned from sources in the executive branch.
This is the largest installment for debts that contribute this year.
The Ministry of Finance and Social Welfare confirmed that the repayment of due obligations based on the issue of Eurobonds from 2016 was made on March 5 this year.
The principal refers to 227.44 million, and the interest to 13.07 million.
The Ministry of Finance announced in October last year that the state will have to repay about 405 million euros of debts in 2021, of which 349.51 million are debts to foreigners, while 55.48 million euros is domestic debt, RTCG reports.
The Minister of Finance, Milojko Spajić, recently stated that so much money was found in the state treasury that the state would soon go bankrupt, they would linearly reduce salaries by 30%, take very unfavorable loans, resort to mass layoffs and delays in payments.
– That didn’t happen. Despite all these problems and the perceived high risk of the country, which is evidenced by a very bad credit rating, we managed to ensure the liquidity of public finances by issuing Eurobonds, under the most competitive conditions for countries with a B credit rating. Criticism followed as soon as the Government, by issuing bonds, ensured the financial stability of the state and regular payment of salaries, pensions, social benefits and other obligations, thus bypassing the scenario planned for us to present ourselves as an incompetent Government that will go bankrupt at the beginning of its term – said Spajic.
Comments are closed.