The rise in refinancing old debts through new bonds at higher interest rates is concerning, as it adds financial strain on the budget due to increased public debt servicing costs, remarked Goran Kapor, a journalist from the economic editorial team of the independent daily “Vijesti”.

He served as a visiting lecturer at the Faculty of Economics and Business at the Mediterranean University.

“Kapor exposed students to the intricacies and hurdles of economic journalism, highlighting that precise and current information is crucial for thriving in this fast-paced field. He noted that economic journalists must remain ahead, which entails particular professional pressures and responsibilities,” stated Dr. Zarija Pejović, Vice-Dean for Education at the Faculty of Economics and Business.

During his lecture, Kapor also shared updates about potential investments from United Arab Emirates investors in the vicinities of Ulcinj’s Velika Plaza.

He notably pointed out that the investor is granted natural rent over one of the most attractive segments of the Montenegrin coastline, while the expenses related to property rights and legal matters, including land expropriation, would fall to taxpayers.

“In an interactive discussion, students expressed interest in the condition of public finances, particularly regarding the new issuance of government bonds. Kapor highlighted the troubling trend of refinancing previous debts with new bonds at elevated interest rates, which further compounds the budgetary burden through increased expenditures for public debt servicing,” Pejović announced, emphasizing that Kapor’s lecture provided students with critical insights into the relationship between economics, media, and public accountability.

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