| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 5.20 |
Additional Financing for the Montenegro Revenue Administration Reform Project
Development Objective
The development objective of the project is to improve the effectiveness of operational functions of Montenegro’s tax administration and to reduce the compliance costs for corporate taxpayers.
The project supports Montenegro’s long-term vision of a revenue administration that operates with streamlined risk-based business processes that contribute to the efficient collection of taxes and social contributions from all sources of economic activity. Increased compliance will generate a more robust revenue stream to provide essential services to citizens. Improvements in revenue administration capacity will also support the country's goal for EU accession and economic integration with EU member states.
Key Details
Project Details
P170454
Active
Srdjan Svircev , May Olalia
Montenegro
August 16, 2019
(as of board presentation)
October 10, 2019
N/A
US$ 5.20 million
Montenegro Tax Administration
2020
US$ 5.20 million
C
November 15, 2023
September 30, 2025
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 5.20 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 5.20 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 5.20 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Results Framework
No data available.