Montenegro is an upper-middle-income country with enormous growth potential. Montenegro became a member of the World Bank Group in 2007. Montenegro’s economy has huge potential, but is hindered by significant structural, economic, and fiscal risks.
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IBRD Loan: US $6.80 million equivalentTerms: Maturity = 15 years, Grace = 5 yearsProject ID: P145399Project Description: The objective of the project is improve energy efficiency of public buildings a... Show More +nd strengthen capacity of energy efficiency service providers in Montenegro Show Less -
IDA Grant: $79.2 million equivalentTerms: Maturity = 5-7 yearsProject ID: P130157Project Description: The objective of the operation is to support the authorities' efforts to strengthen the banking sy... Show More +stem and increase its resilience to possible future shocks by continuing to undertake sectoral policy reforms and system restructuring. Show Less -
IBRD Loan: US$5.8 millionTerms: Maturity = 10 years; Grace = 4 yearsProject ID: P120659Project Description: This Additional Financing of the Environmentally Sensitive Tourist Areas Project for Montene... Show More +gro aims to support the Government of Montenegro's continuing efforts to create ecological and commercially sustainable solid waste collection and disposal services in Montenegro coastal municipalities, needed to maintain a clean environmentally attractive coastal area. Show Less -
IBRD Loan: €5.10 million (US$7.25 million)Terms: Maturity = 10 years; Grace Period = 5 yearsProject ID: P114275 Project Description: The additional funds to the Health System Improvement Project ... Show More +for Montenegro will support the expansion of activities and to a lesser extent cover cost over-runs of activities previously started under the Montenegro Health System Improvement Project (HSIP). These activities will support health reform through the development of institutional capacity and policies in the areas of health finance, pharmaceutical policy, health policy and planning as well as to provide further support for the phased implementation of the primary health care reform. Show Less -
AlbaniaGEF Trust Fund Grant: US$1.99 millionMontenegroGEF Trust Fund Grant: US$2.56 millionPROJECT DESCRIPTION: The project aims to help establish and strengthen institutional mechanisms for trans bou... Show More +ndary cooperation through joint efforts to: (a) improve understanding of the lake ecosystem and potential impacts of development; (b) promote an increase in authorized sustainable uses of lake resources; and (c) demonstrate pollution reduction. Show Less -
IDA CREDIT: US$ 10 millionTERMS: Grace Period= 10 years; Maturity= 20 yearsOBJECTIVE: The objective of the project is to assist Montenegro in better designing and implementing an integrated coastal zo... Show More +ne management approach to reduce coastal degradation and in the same time foster environmentally sound tourism developmen. Show Less -