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
Project Description:
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.
