- The Economy
07 May 2021 Press release
Monaco Post Office kindly informs its customers that all post offices in the Principality will be closed on Saturday 8 May 2021, the anniversary of the end of the Second World War and a public holi...Read more of Closure of Post Offices in the Principality on Saturday 8 May
Second National Money Laundering and Financing of Terrorist Financing Risk Assessment in View of the MONEYVAL Evaluation: A New Update19 April 2021 Press release
At the initiative of Mr. Michel Hunault, Director of SICCFIN and head of the Monegasque delegation to the MONEYVAL committee, an update on the work of Monaco's National Risk Assessment (NRA2) was h...Read more of Second National Money Laundering and Financing of Terrorist Financing Risk Assessment in View of the MONEYVAL Evaluation: A New Update
12 April 2021 Press release
In the Principality of Monaco, the cooperation and the exchange of data between the various players involved in combating money laundering, the financing of terrorism and corruption are governed by...Read more of Combating Money Laundering and the Financing of Terrorism: Prevention is a Shared Concern
07 April 2021 Press release
On Tuesday 6 April 2021, Mr. Jean Castellini, Minister of Finance and Economy, took part in a high-level meeting organised by the Coalition of Finance Ministers for Climate Action as a side event o...Read more of Monaco Takes Part in the Meeting of the Coalition of Finance Ministers for Climate Action
22 March 2021 Press release
On Monday 22 March, Sophie Vincent, Director of Monaco Statistics (IMSEE), presented and analysed for the press a report on the economy in 2020. Minister of Finance and Economy Jean Castellini and...Read more of Monaco Statistics publishes Quarterly Economy Bulletin for Q4 2020
19 March 2021 Press release
Nearly two years ago, a working group was created to consider the future of the Monegasque banking and finance industry. The first issues addressed by members of the group related to innovations in...Read more of First meeting of State – AMAF working group on “Monaco Sustainable Finance”
16 March 2021 News flash
Mr. Jean Castellini, Minister of Finance and Economy, today chaired the first meeting to allocate offices and workspaces at Monaco Boost, in the presence of Mr. Stéphane Valeri, President of the Na...Read more of The First Monaco Boost Offices are Allocated
26 February 2021 Press release
Jean Castellini, Minister of Finance and Economy, and Laurence Garino, Director of the Welcome Office, today gave a presentation to members of the press on the additional support for the companies...Read more of State extends assistance and steps up support for sectors hard hit by health crisis
11 February 2021 Press release
We wish to inform our valued customers that renovation work is commencing at the Monaco Post Office in LaCondamine. It will therefore be closed from Friday 12 February 2021 from 12 noon to Saturday...Read more of Closure of La Condamine Post Office
28 January 2021 Press release
Monaco Statistics (IMSEE) and the Scientific Council for Statistics and Economic Studies were established on 24 January 2011.With a mandate to promote knowledge of the Principality’s economic and s...Read more of 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 .