Žabljak
Umjereno oblačno
-1.9 °C
Pljevlja
Vedro
1.8 °C
Herceg Novi
Vedro
9.0 °C
Nikšić
Vedro
4.6 °C
Cetinje
Vedro
11.4 °C
Bar
Vedro
11.0 °C
Podgorica
Vedro
8.0 °C
Ulcinj
Pretežno vedro
7.4 °C
Kolašin
Malo oblačno
-0.4 °C

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Montenegro

MRAK 10. 01. 2019.   >>  17:50 0

MRAK

The effects of the highway after its construction

The public debt of Montenegro is about 3 billion Euros, which is about 70 percent of gross domestic product and at the level of most of the states. Public debt growth conditioned the borrowing for the construction of the highway. Economic expert Mojmir Mrak told TVCG that the economic effects of this project can be expected after its completion.

According to economic expert Mojmir Mrak the specificity of the growth of our public debt in recent years is borrowing for construction of the highway. He thinks that behind such a decision obviously stands very clear economic logic that it will contribute to the economy growth in the future.

"Because the fact is, if the country decided to finance such a project with borrowing, it had to de facto give up some other investments with such a decision, that is to postpone them for some later period," Mojmir Mrak, professor at the Faculty of Economics in Ljubljana, said.

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