With the closure of Chapter 5 – Public Procurement, Montenegro is set to advance its commitments to the European agenda, showcasing the state’s readiness to manage public funds responsibly, stated Finance Minister Novica Vuković.

“Today, at the Intergovernmental Conference, closing Chapter 5 will allow Montenegro to continue upholding its obligations under the dynamic European agenda, strongly affirming our readiness to manage public funds transparently, efficiently, and accountably, in line with best practices in Europe,” Vuković articulated in his address from Brussels, ahead of the chapter’s closure.

He expressed his personal professional satisfaction that, during his tenure as minister, one of the ten chapters under the Ministry of Finance’s purview is now being closed.

“We have demonstrated that we meet European standards in this field and have received validation from the European Commission; however, our work is far from over,” Vuković noted.

Recently, Montenegro has undertaken extensive reforms, digitized, and expedited the public procurement process, safeguarding public interests and enhancing the anti-corruption framework, he explained.

“Chapter 5 is particularly significant as it impacts every citizen. Effective public procurement translates to improved schools, hospitals, infrastructure, and services,” Vuković underscored.

He acknowledged the recent public criticisms regarding international agreements Montenegro has endorsed, suggesting that these were not in sync with EU legislation.

“However, the closure of Chapter 5 dispels these doubts and reaffirms that Montenegro is fully aligned with the acquis in this domain. This will be validated tonight, right here in the heart of the EU, solidifying Montenegro’s status as a frontrunner in the process and the first future EU member,” Vuković concluded.

News