After the parliamentary election on 14 October 2012, Đukanović informed President Vujanović that he was capable of forming a government.
His cabinet was approved by Parliament on 4 December 2012 and Đukanović returned to the office of Prime Minister on the same day.
Together with Viktor Orbán of Hungary, Đukanović was a runner-up to Vladimir Putin for the Organized Crime and Corruption Reporting Project's 2014 "Person Of The Year In Organized Crime" award, recognizing "the person who does the most to enable and promote organized criminal activity."
He later won the award in 2015.

In 2016, following 2016 Montenegrin parliamentary election, Đukanović retired for a third time and stepped down as Prime Minister.
However, he still remained the leader of DPS.
After the parliamentary election on 14 October 2012, Đukanović informed President Vujanović that he was capable of forming a government. His cabinet was approved by Parliament on 4 December 2012 and Đukanović returned to the office of Prime Minister on the same day. Together with Viktor Orbán of Hungary, Đukanović was a runner-up to Vladimir Putin for the Organized Crime and Corruption Reporting Project's 2014 "Person Of The Year In Organized Crime" award, recognizing "the person who does the most to enable and promote organized criminal activity." He later won the award in 2015.
In 2016, following 2016 Montenegrin parliamentary election, Đukanović retired for a third time and stepped down as Prime Minister. However, he still remained the leader of DPS.
Milo Đukanović