Montenegrin Finance Minister Sees Tourism Aiding GDP

27 September, 2011

Montenegrin economic growth will match or exceed last year's 2.5 percent rise amid a tourism boom, Finance Minister Milorad Katnic said. Tourism, which generates one-tenth of economic output for the Adriatic Sea nation, grew 8 percent in the first seven months, more than the government's 5 percent forecast, he said yesterday in an interview while attending meetings at the International Monetary Fund and World Bank in Washington D.C.

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