Key Figures

Chief of State:
President Jakov Milatovic
Head of Government:
Prime Minister Milojko Spajic

Overview

Government Name:
Montenegro
Constitution:
Adopted: 2007; Defines Montenegro as a civic, democratic, and environmentally friendly country ruled by social justice. The new Constitution also replaced Serbian with Montenegrin as the national official language. Separation of church and state and governmental structure are among other issues discussed in the document.
Government Type:
Republic
Montenegro Flag
Coat of Arms of Montenegro

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)

Country Risk Rating

C
A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high. Source: Coface (2022)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president represents the republic, promulgates laws by ordinance, calls elections for the assembly, grants amnesty for criminal offenses, and confers decoration and other awards. The prime minister directs the work of the government and submits the Government's Program to the parliament.

President is elected by absolute majority vote through a two-round system. The prime minister is nominated by the president with the approval of parliament.

5 years

Judicial

Highest court of Montenegro that secures uniform enforcement of laws by the courts.

Chief Justice President proposed jointly by the president of Montenegro, speaker of the Assembly, and the prime minister. Other judges are elected by the Judicial Council.

9 years

Legislative

Passes all laws, ratifies international treaties, appoints the prime minister, ministries, and justices of all courts, adopts the budget, and performs other duties as established by the constitution.

Members are elected through a closed-list proportional representation system.

4 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/