Employment on the basis of decree on fostering direct investments
In the pre-election period of 2016, the Government of Montenegro launched several projects for the allocation of state aid to the private sector, which enabled new employment. One of those projects was initiated on the basis of the Decree on Fostering Direct Investments.
At the session held at the end of July 2016, or 16 days after the parliamentary elections in Montenegro were called, the Government of Montenegro rendered a decision which approved the disbursement of nearly €2 million, aimed at fostering direct investment and employment, for six companies.
This decision was rendered with regard to the public invitation for participation in the allocation of funds to foster direct investment, which was announced in March 2016, based on the innovated version of the Decree on Fostering Direct Investments, a document with which the government wants to provide for new jobs and contribute to economic and regional development of Montenegro.
Upon the public call, projects worth €20.4 million were selected. They are supposed to provide for employment of 286 persons, whereas the money will be paid in the election year, on the basis of the Government’s decision of July 2016.
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