Podgorica, (MINA-BUSINESS) – The World Bank Group will continue to support Montenegro in the final stage of its path towards European Union membership, while the strong partnership will be further strengthened in the areas of public finances, sustainable development and new investments.

This was stated at a meeting between Minister of Finance Novica Vukovic, World Bank Country Director for the Western Balkans Xiaoqing Yu and Country Representative for Bosnia and Herzegovina and Montenegro Liang Wang.

It was concluded that the strong and longstanding partnership between Montenegro and the World Bank Group will be further strengthened in the period ahead, particularly in the fields of European reforms, public finances, sustainable development and new investments.

According to the Ministry of Finance, Yu expressed satisfaction with the cooperation with Montenegro to date and the progress made in implementing the joint strategy, highlighting the importance of results achieved through reform and development projects.

Speaking about assuming responsibility in Montenegro, Liang Wang said he was particularly pleased to be responsible for a country that is on the threshold of European Union (EU) membership.

He expressed the World Bank Group’s readiness to continue providing strong support to Montenegro in the final stage of its European path.

Vukovic thanked the World Bank Group for its continued commitment and said Montenegro appreciates the fact that the cooperation is producing concrete results.