Moody’s Upgrades Montenegro’s Credit Rating for First Time Since 2013

Global rating agency Moody’s has upgraded Montenegro’s credit rating from B1 to Ba3, marking the first increase since 2013

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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.