spot_img
Tuesday, January 21, 2025
Partnered withspot_img

Bar Municipality approves record budget of €63.4 million for 2025

Supported byOwner's Engineer banner

At session of the Bar Municipality Assembly, the 2025 Budget was approved, amounting to a record €63.4 million. This represents an impressive increase of 40.75% compared to the previous year, reflecting the continued strong growth and development of the local community.

The 2025 Budget aligns with the strategic vision for the further advancement of Bar, emphasizing sustainable development, balanced investment in all sectors of society, and enhancing the quality of life for residents. A major focus is on capital projects, with a historic allocation of 60% of the total budget, or €40.45 million, continuing the policy of significant investment in infrastructure and modernization of the city.

Supported by

In addition to capital investments, the budget includes continued support for social programs, entrepreneurship, and women’s entrepreneurship, with €500,000 allocated for these areas. Further, €270,000 is earmarked for agriculture and craftsmanship, through direct financial subsidies, alongside a substantial increase in funding for education and sports.

As a local government known in Montenegro for its implementation of social welfare and child protection programs, the 2025 budget also sets aside €435,300 for activities aimed at eliminating social inequalities, reaffirming the municipality’s commitment to reducing poverty and improving the inclusion of vulnerable groups.

Supported by

Additionally, Bar Municipality has allocated €300,000 for benefits for newborn children and €100,000 for individuals in need. The budget also includes €45,000 to support pro-natal policies, such as subsidies for medically assisted reproduction.

With the adoption of this budget, the foundations for even greater development in Bar in 2025 have been solidified, ensuring progress that will benefit all citizens of the town, as stated in the announcement sent to the media.

Supported byElevatePR Digital

Related posts

error: Content is protected !!