Central Bank of Montenegro attends IMF and World Bank Spring Meetings as IMF confirms SEETAC to start in January 2027

The Central Bank of Montenegro (CBCG) reported that a delegation led by Governor Irena Radovic is participating in the International Monetary Fund (IMF) and World Bank Spring Meetings in Washington, including a ministerial and governors’ session on the establishment of the IMF Regional Southeast Europe Technical Assistance Centre (SEETAC). SEETAC will be based in Rome and is set to begin operations in January 2027. The IMF’s European Department Director, Alfred Kammer, presented the Centre’s work programme, covering technical assistance in fiscal, monetary and financial policy, statistics, and institutional reforms, with an emphasis on capacity development and regional cooperation linked to EU accession. The delegation also attended the IMF and World Bank Constituency meeting chaired by Belgium’s Deputy Prime Minister and Minister of Finance, Jan Jambon, where Radovic referenced Montenegro’s EU membership reform agenda and highlighted support under a Needs Assessment project implemented with the central banks of the Netherlands, Belgium, and Germany. CBCG participation also included the Vienna Initiative Steering Committee meeting on economic policy and financial stability challenges in Central, Eastern, and South-Eastern Europe, where it was confirmed that Montenegro will host the Vienna Initiative meeting next year.