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The objective of the project was to create an analytical basis for the effective monitoring and risk management in the financial sector in Montenegro, providing the Council tools and methodology which would enable efficient and timely actions. Under the project ISSP has created the comprehensive system for assessment and monitoring, based on the most efficient international methodology as well as unique characteristics of the Montenegrin financial system. The system includes: set of indicators for monitoring that cover all sector import for financial stability (international environment, foreign exchange, real sector, non-financial, households, banking sector and fiscal sector), creation of GDP to credit gap, creation of AFSI index, creation of index of fiscal stress as well as creation of the z score indicators of financial stability.
Project
