Global rating agency Moody’s has upgraded Montenegro’s credit rating from B1 to Ba3, marking the first increase since 2013
The outlook has been revised to stable, according to an announcement by the Ministry of Finance.
The upgrade reflects Montenegro’s strong medium-term growth prospects and improved fiscal stability, driven by reduced public debt and lowered fiscal risks associated with the completion of the Bar-Boljare motorway.
The Ministry also highlighted that significant public and private investments, alongside EU structural reforms, have further bolstered mid-term growth projections.