About this learning event

Weaknesses in the corporate governance of state-owned enterprises (SOEs) impose substantial financial and fiscal risks stemming from their performance, and this can vary across the sectors and countries. Assessing and managing fiscal risks associated with the SOEs is an important dimension of the Public Financial Management Program of Montenegro and the economic dialogue with the EU. The workshop will focus on the relationship between corporate governance and the performance of SOEs, bearing in mind their significant contribution to the national economy. It will include an overview of the best international practices of corporate governance and the possibilities for their implementation in Montenegro.

Participants will discuss the OECD Guidelines on Corporate Governance of SOEs, as well as the good practices and tools for their implementation, to ensure minimizing SOEs burden on public finances. Through interactive discussions and expert-led sessions, the event will also offer an opportunity to consider the current challenges Montenegro faces in the corporate governance of the SOEs and identify concrete steps for improvement. Along with this, an SOEs oversight policy and its best practices will be one of the topics of the workshop due to their relevance for SOEs' further contribution to economic development and the successful management of fiscal risks.

Who should attend

This event is intended for representatives of the Ministry of Finance and line ministries, as well as representatives of SOEs from Montenegro.

Faculty

This learning initiative will be delivered by:

• Minas Trubljanin, Ministry of Finance
• Nina Vujosevic, CEF expert
• Jamie Carter, IMF

Partners

This event is delivered as part of the EU-funded Action “Support to Coordination, Monitoring and Reporting on PAR Strategy and PFM Reform Programme 2022-2026” implemented by the CEF.