WASHINGTON, July 31, 2017 – The World Bank Board of Executive Directors today approved the following project: Revenue Administration Reform Project for Montenegro
IBRD Loan: $15.7 million
Terms: Maturity = 25 years, Grace = 5 years
Project ID: P149743
The development objective of Revenue Administration Reform Project is to improve the effectiveness of operational functions of Montenegro’s Tax Administration (MTA) and to reduce the compliance costs for corporate taxpayers.