The World Bank Monthly Operational Summary reports on the status of projects in the World Bank's pipeline--from the point they are identified up to the signing of the loan or credit agreement.

Economic Management

Third Development Policy: The objective is to implement structural reforms critical for sustained growth and poverty reduction. This project has been postponed. Further reporting will be discontinued until active preparation resumes. Environmental Assessment Category C. US$ 22.0 (IDA/IBRD). Consulting services to be determined. Ministry of Finance, Staka Dragjevica 2, Podgorica 81000 Montenegro, Tel: (381-81) 243-274, Contact: H.E. Igor Luksic, Minister of Finance

Environment and Natural Resources Management

Tara and Lim River Basin Watershed Management: The objective is to improve land and water management and biodiversity conservation, including reducing risks and impact of flooding and restoration of watershed protection forests in two major river basins. Decision meeting scheduled for 17 March 2008. Environmental Assessment Category B. PID: 99749. US$ 5.0 (GEF). Consultants will be required for project coordination, social and environmental assessment, planning and surveying. Ministry of Agriculture, Forestry and Water, Rimski Trg bb, Podgorica 81000 Montnegro, Tel: (381-81) 482-109, Fax: (381-81) 234-306, E-mail: andjelicm@mn.yu, Contact: Viktor Subotic, Project Coordinator

Public Sector Governance

Land Administration and Management: The objective is to improve the efficiency of the permit and property registration systems Project preparation underway. Environmental Assessment Category B. PID: 106906. US$ 11.5 (IBRD). Consultants will be required. Ministry of Economy, Real Estate Administration under Ministry of Finance, Oktobarske Revolucije br, PC Celebic (V sprat) 8100 Podgorica, Montenegro, Tel: (382-81) 444 001, Fax: (382-81) 444 004, E-mail: nekretnine@cg.yu, Contact: Mico Orlandic, Director