- The Economy
19 October 2021 Press release
Minister of Finance and Economy Jean Castellini took part in a new high-level meeting organised by the Coalition of Finance Ministers for Climate Action on Tuesday 12 October 2021, held in the marg...Read more of Monaco takes part in Coalition of Finance Ministers for Climate Action
14 October 2021 News flash
The 3rd meeting of the Monaco Sustainable Finance working group was held at the Ministry of State on Friday 1 October, chaired by Minister of Finance and Economy Jean Castellini and attended by rep...Read more of 3rd meeting of Monaco Sustainable Finance working group
17 September 2021 Press release
IMSEE has just published the Economy Bulletin for the second quarter of 2021. As the data is cumulative since 1 January, it reflects the results of the first six months of the year.The economic and...Read more of IMSEE Publishes the Economic Results for the 2nd Quarter of 2021
27 July 2021 Press release
On 23 July, Mr Michel Hunault, Director of the Service d’information et de Contrôle sur les Circuits Financiers (SICCFIN), and his counterpart from Luxembourg Mr Claude Marx, Director of the Commis...Read more of Monaco and Luxembourg sign cooperation agreement on supervision
22 July 2021 Press release
On 16 July 2021, the Chairperson, Mr. Jean-Pierre Gastinel, and the Vice-Chair of the Board of Auditors, Mr. Christian Descheemaeker, presented the 2020 Annual Public Report to H.S.H. the Sovereign...Read more of The Board of Auditors Presents the 2020 Annual Public Report to H.S.H. the Sovereign Prince
Signature d’un protocole entre l’Association Monégasque des Activités Financières (AMAF) et le Service d’Information et de Contrôle sur les Circuit...20 July 2021 Press release
Lundi 5 juillet s’est déroulée au Ministère d’État, sous la Présidence du Conseiller de Gouvernement-Ministre du Département des Finances et de l’Économie, Jean CASTELLINI, la signature d’un protoc...Read more of Signature d’un protocole entre l’Association Monégasque des Activités Financières (AMAF) et le Service d’Information et de Contrôle sur les Circuit...
Economic Recovery Plan : Free Occupation of the Public Highway for Terraces of Shops and Restaurants19 July 2021 Press release
Aware of the persistent difficulties experienced by the Principality's economic players and taking the international health context and the length of the crisis into account, the Prince's Governmen...Read more of Economic Recovery Plan : Free Occupation of the Public Highway for Terraces of Shops and Restaurants
08 July 2021 Press release
H.S.H. Prince Albert II has decided to continue the relaxation of health measures begun several weeks ago by authorising the supervised and controlled resumption of dancing and musical entertainmen...Read more of COVID-19: Dancing and musical entertainment to resume from Saturday
07 July 2021 Press release
The Committee for Graduate Employment (CID), chaired by the Minister of State, Pierre Dartout, met on Tuesday 6 July 2021 to review its activities.At this meeting, the 2020 annual report and an upd...Read more of 11th Annual Meeting of the Committee for Graduate Employment
Ten years of public statistics presented at 13th Scientific Council for Statistics and Economic Studies as Monaco Statistics marks tenth anniversary02 July 2021 Press release
Monaco Statistics met on Friday for the 13th Scientific Council for Statistics and Economic Studies.During the event, chaired by Mr Pierre-André Chiappori, Monaco Statistics Director Sophie Vincent...Read more of Ten years of public statistics presented at 13th Scientific Council for Statistics and Economic Studies as Monaco Statistics marks tenth anniversary
- A country focused on success
- Sustainable development at the economy’s core
- Analysis and statistics: tools for innovation
- Leisure and Business Tourism: developing attractiveness
- A major stakeholder in the Northern Mediterranean labour market
- Money laundering and terrorist financing: An ongoing fight against illicit activities
An economic development model meeting the challenges of the 21st century
The relevance of the brave and visionary choices made by its Princes throughout its history have made of Monaco a stable sovereign State envied by many, enjoying uninterrupted growth and healthy finances.
The Sovereign Prince has clearly addressed this question by drawing up a proactive roadmap for the Government to promote the Principality's attractiveness, while setting a reasonable strategy for growth for the country.
By establishing a proactive road map to be followed by the Prince's Government to increase the Principality’s attractiveness, the Sovereign Prince has clearly overcome these challenges, guiding the country on a path of sustainable growth.
A country focused on success
All of the country's energy has been mobilised to preserve the growth of its economy, to create new sources of growth and to preserve the exemplary nature of the Monegasque model.
The Prince's Government actively contributes to expand the Monegasque economy by establishing development targets in line with its forward-looking vision for the country. It thus promotes the creation of new businesses and the arrival of new residents. The Government is continuing to simplify procedures, and has set up bodies dedicated to assisting entrepreneurs in relocating and developing their businesses. Click here to find out more
Sustainable development at the economy’s core
The growth of the Monegasque economy does not only meet quantitative goals. The work performed by the Prince's Government aims at including its growth model in a virtuous circle of sustainable development, in line with the vision expressed by H.S.H. the Sovereign Prince for the responsible growth of the country. Click here to find out more
Analysis and statistics: tools for innovation
The Prince's Government wishes to offer all economic and social stakeholders forward planning tools to assist in decision-making. This will enable them to progress more confidently with long-term aims. Although this is a difficult period, it should nevertheless be conducive to inventiveness and harnessing higher performance. Click here to find out more
Leisure and Business Tourism: developing attractiveness
The Principality is a source of attractiveness in itself. Its location, its quality of life, the excellence of its infrastructures, and the multitude of cultural and sporting events that take place throughout the year make it a dream destination for tourists, both for leisure and for business.
To maintain and strengthen these advantages, the Prince's Government has made it a priority to conduct an innovative policy for leisure and business tourism. Click here to find out more
A major stakeholder in the Northern Mediterranean labour market
Monaco is not an isolated territory, cut off from the rest of the world. As a fast-developing sovereign nation, the Principality's economy forms part of the Mediterranean economic basin that extends from the Italian Riviera to the French Cote d'Azur. Every day, thousands of professionals come to work in Monaco, in an exchange that is mutually beneficial to all the countries involved. People of 120 nationalities from all continents bolster the Monegasque economy with their experience and expertise.
By facilitating business development, the Prince's Government strives to maintain Monaco’s central position as a major economic and social stakeholder in the Northern Mediterranean labour market. Click here to find out more
Money laundering and terrorist financing: An ongoing fight against illicit activities
Since the first anti-money laundering law of 1993, Monaco has continued to pursue an active policy with regard to the fight against money laundering and terrorist financing. This commitment is steadfast at both the national and international levels.
To oversee the implementation of these measures, the Principality has created a financial investigation unit (CRF), the Service d’Information et de Contrôle sur les Circuits Financiers (SICCFIN).
The actions of the Monaco Government contribute to the development and the modernisation of Monaco as a financial centre by focussing on best practices and standards of regulation and control, in terms of combatting money laundering and terrorist financing. Click here to find out more .