US EditionCan Monaco maintain financial balance? 2024 budget report shows big spending, slowing revenue - Monaco Life
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Can Monaco maintain financial balance? 2024 budget report shows big spending, slowing revenue - Monaco Life
Monaco’s latest budget report has highlighted the Principality’s strong financial position but warns of challenges ahead. With rising costs linked to major projects such as the new Princess Grace Hospital and the Fontvieille Commercial Centre, and a dip in real estate tax revenue from post-Mareterra, the report cautions that Monaco must carefully manage its investments to ensure long-term financial stability. Monaco’s financial strategy and econ…
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