The investors are fleeing, all fingers pointing at Abazovic

He was criticized for "ignorant and frivolous, almost charlatan approach to serious state affairs."

Since he took the office, he has demonstrated only that, causing, as critics said, obvious and bad consequence - resulting in the biggest daily decline in the value of government bonds in history.
"Not so long ago, Abazovic, as an MP confused Thailand with Taiwan and hoisted the Montenegrin state flag in a country that Montenegro and about 150 other countries do not recognize. Now, firmly believing that he is not only an expert on security but also on the economy, he tried to excel in the field of investments in front of the Parliament", the DPS stated.
According to them, the consequences of such irresponsible behavior is causing devastating damage to the state of Montenegro and economy.
"His populist approach to politics, frivolous approach and irresponsible statements regarding China's debt have produced dramatic consequences."
The DPS reminds the Government and its ministers that they owed the country almost a billion euros at the beginning of their mandate, because the previous government left them with a stable financial situation.
"That is why we are asking the Government for an urgent reaction and stabilization of the situation on the bond market, in order to stop the collapse of their value and to minimize the damage that Abazovic caused," the DPS said, the Podgorica portal CdM reported.

Two-pence from experts

Professor at the Faculty of Management in Podgorica and economic analyst Vasilije Kostic also believes that the record daily decline in the value of Montenegrin bonds on the international financial market, of 6.4 percent, was influenced by unbalanced statements made by government officials.
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