The Deputy Prime Minister for Economic Policy and Minister of Economic Development of Montenegro, Nik Đeljošaj, participated in the “IMPULSE” event organized by the German-Montenegrin Business Club, held at the Ramada Hotel in Podgorica.
In the presence of the German Ambassador, Mr. Peter Felten, and representatives from the business sectors of both countries, Đeljošaj presented the current economic situation in Montenegro.
“Over the past year, we have managed to significantly improve the standard of living for our citizens by increasing the minimum wage to 600 euros, while the minimum pension has been raised to 450 euros. These measures have a tangible impact on the daily lives of our citizens,” said Đeljošaj.
Additionally, he commented on the success of the “Limited Prices” initiative, which contributed to reducing inflation to 1% annually—the lowest rate in the past three years—significantly lowering the cost of living for citizens across the country.
“In Montenegro, we often use terms like: strength, quality, and seriousness, just like the Germans. Therefore, I invite you to continue investing in Montenegro, so that all these virtues will be present here as well, and become our motto in the development of both business and the country,” Đeljošaj concluded.
