The Investment and Development Fund of Montenegro (IRF Montenegro) was established by the adoption of the Law on the Investment and Development Fund of Montenegro AD ("Official Gazette of Montenegro No. 88", dated December 31, 2009).
The goal of establishing the institution is to encourage and accelerate the economic development of Montenegro. By establishing the Investment and Development Fund, the Government of Montenegro provided an efficient mechanism for supporting economic development, especially considering the current economic and financial crisis.
The activity of the Investment and Development Fund is defined through granting loans and issuing guarantees, performing activities related to the sale of capital in the portfolio of IDF CG A.D., as well as performing other activities that provide support for economic development.