- The Economy
16 February 2024 Press release
The Best European Destinations website has unveiled its 2024 ranking. The Principality wins an award and is on the podium, behind Marbella, Spain and ahead of Malta.“People stay in Monaco because i...Read more of Monaco named a “Best European Destination”
14 February 2024 Press release
Après avoir initié fin 2022 une enquête de conjoncture dans l’Industrie manufacturière, l’IMSEE publie les premiers résultats de ce Baromètre, qui illustre mensuellement le climat des affaires de c...Read more of Baromètre de l’Industrie Manufacturière : publication des premiers résultats
13 February 2024 Press release
La Commission d’attribution des logements domaniaux s’est réunie, le 13 février 2024, au Ministère d’Etat sous la présidence de Monsieur Marco PICCININI, Conseiller de Gouvernement-Ministre des Fin...Read more of Commission d’attribution des logements domaniaux du 13 février 2024
26 January 2024 Press release
Ms Sophie Thévenoux, Ambassador and Special Advisor for Negotiations with the European Union, has been appointed to the position of Director of the AMSF. She will take up post on 29 January to head...Read more of Sophie Thévenoux appointed Director of the Monaco Financial Security Authority (AMSF)
10 January 2024 Press release
At the start of this year, the Monaco Tourist and Convention Authority, led by the Director, Guy Antognelli, unveiled some remarkable results for the Christmas and New Year period. Hotel occupancy...Read more of Tourism: a positive assessment of the end-of-year festivities
14 December 2023 Press release
Dans son rapport d’évaluation publié le 23 janvier dernier, MONEYVAL, l’organe de lutte anti-blanchiment du Conseil de l’Europe, invitait la Principauté à recenser de manière exhaustive les société...Read more of Rapport Moneyval : Mise à disposition de la liste des sociétés en déshérence
06 December 2023 Press release
On Monday 4 December 2023, H.E. the Minister of State, Pierre DARTOUT, in the presence of Mr Etienne FRANZI, President of the Monaco Association for Financial Activities (AMAF) and many other well-...Read more of Graduate ceremony for Monegasque Professional Certification
A visit from a delegation of evaluators from the Council of Europe's Group of States Against Corruption (GRECO)25 November 2023 Press release
From 20 to 24 November 2023, a delegation of evaluators from the Council of Europe's Group of States against Corruption visited the Principality of Monaco for its 5th evaluation round on the preven...Read more of A visit from a delegation of evaluators from the Council of Europe's Group of States Against Corruption (GRECO)
24 November 2023 Press release
The Monaco Boost business incubator has signed a new partnership with the Association of Women Entrepreneurs of Monaco (AFCEM). This agreement provides a one-year free AFCEM membership for 5 women...Read more of Monaco Boost and the Association of Women Entrepreneurs of Monaco become partners
21 November 2023 Press release
New legal provisions, in force since 29 September, apply to non-trading companies registered in the Principality of Monaco.It is now a requirement to designate a person responsible for the basic in...Read more of New legal provisions for non-trading companies
- 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 .