Ensuring economic policy is fit for the challenges ahead
News posts
Open to the sea and the world, the Principality of Monaco has developed an economic model that benefits from a constant influx of foreign talent, that the country is experienced in welcoming and whose initiatives it supports.
In line with this guiding principle, the Prince’s Government is committed to promoting the growth of an attractive, environmentally friendly economy that fosters innovation and benefits from the presence of numerous international businesses in Monaco. Many of these businesses operate in sectors of excellence linked to Monegasque traditions, notably real estate, finance and digital technology, which the country supports on a daily basis.
A Renewed Financial and Economic Strategy for Monaco
In a constantly changing world, Monaco is proactively evolving its strategy to keep its public finances strong, make the country a more attractive destination, and support long-term, sustainable growth. That’s how the Principality is preparing for the future.
Defining and managing the national budget strategy
Public finances: meeting tomorrow’s needs.
Supporting entrepreneurs and local businesses
To make Monaco a more attractive place for all types of business, the government has made trade a key driver of economic growth and international standing. It also gives entrepreneurs and start-ups a supportive environment to launch and grow their projects.
Tourism & Conventions
Tourism is closely linked to the history, economy, and influence of the Principality of Monaco. Therefore, the Prince's Government, following the road maps set by H.S.H. the Sovereign Prince, is backing this priority sector with ambitious support and investment.