Executive branch:
chief of state: President Filip VUJANOVIC (since 11 May 2003)
head of government: Prime Minister Zeljko STURANOVIC (since 10
November 2006)
cabinet: Ministries act as cabinet
elections: president elected by direct vote for five-year term
(eligible for a second term); election last held 11 May 2003 (next
to be held in 2008); prime minister proposed by president, accepted
by Assembly
election results: Filip VUJANOVIC elected on the third round; Filip
VUJANOVIC 63.3%, Miodrag ZIVKOVIC 30.8%
Legislative branch:
unicameral Assembly (81 seats, elected by direct vote for four-year
terms; changed from 74 seats at the time of the elections)
elections: last held 10 September 2006 (next to be held 2010)
election results: percent of vote by party - NA; seats by party -
Coalition for a European Montenegro 41, SNS 12, Coalition SPP/NS/DSS
11, PZP 11, Liberals and Bosniaks 3, Democratic League-Democratic
Prosperity 1, Democratic Union of Albanians 1, Albanian Alternative 1
Judicial branch:
Constitutional Court (five judges with nine-year terms); Supreme
Court (judges have life tenure)
Political parties and leaders:
Albanian Alternative or AA; Bosniak Party or BS [Rafet HUSOVIC];
Coalition for a European Montenegro (Democratic Party of Socialists
or DPS and Social Democratic Party or SDP) [Milo DJUKANOVIC];
Coalition SPP/NS/DSS; Democratic League-Party of Democratic
Prosperity [Mehmet BARHDI]; Democratic Serbian Party of Montenegro
or DSS; Democratic Union of Albanians or DUA [Ferhat DINOSA];
Liberal Party of Montenegro or LP [Miodrag ZIVKOVIC]; Movement for
Changes or PZP [Nebojsa MEDOJEVIC]; People's Party of Montenegro or
NS [Predrag POPOVIC]; Serbian People's Party of Montenegro or SNS
[Andrija MANDIC]; Social Democratic Party or SDP [Ranko KRIVOKAPIC];
Social Democratic Party of Montenegro or DPS [Milo DJUKANOVIC];
Socialist People's Party or SNP [Predrag BULATOVIC]
International organization participation:
CEI, EBRD, FAO, IAEA, ICFTU, ILO, Interpol, IPU, ITU, OSCE, UN,
UPU, WHO, WTO (observer)
Diplomatic representation in the US:
chief of mission: Ambassador Miodrag VLAHOVIC
Flag description:
a red field bordered by a narrow golden-yellow stripe with the
Montenegrin coat of arms centered
Economy Montenegro
Economy - overview:
The republic of Montenegro severed its economy from federal control
and from Serbia during the MILOSEVIC era and continues to maintain
its own central bank, uses the euro instead of the Yugoslav dinar as
official currency, collects customs tariffs, and manages its own
budget. The dissolution of the loose political union between Serbia
and Montenegro in 2006 led to separate membership in several
international financial institutions, such as the IMF, World Bank,
and the European Bank for Reconstruction and Development. Montenegro
is pursuing its own membership in the World Trade Organization as
well as negotiating a Stabilization and Association agreement with
the European Union in anticipation of eventual membership. Severe
unemployment remains a key political and economic problem for this
entire region. Montenegro has privatized its large aluminum complex
- the dominant industry - as well as most of its financial sector,
and has begun to attract foreign direct investment in the tourism
sector.
GDP (purchasing power parity):
$2.412 billion (2005 est.)