Finance Minister, Acting National Bank Governor review Georgia's macroeconomic, fiscal parameters with IMF
Georgian Finance Minister Lasha Khutsishvili and Natia Turnava, the Acting Governor of the country's National Bank, on Wednesday met with Bo Li, the Deputy Managing Director of the International Monetary Fund. Photo: Ministry of Finance
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Georgian Finance Minister Lasha Khutsishvili and Natia Turnava, the Acting Governor of the country's National Bank, on Wednesday reviewed current and midterm macroeconomic and fiscal parameters of the domestic economy and their monetary policy in a meeting with Bo Li, the Deputy Managing Director of the International Monetary Fund.
The Ministry of Finance said the meeting noted the fiscal parameters of the country had returned to the “safe level” as a result of “high” economic growth and “tight” fiscal policy pursued over the recent years.
The body mentioned the IMF’s projections of economic growth of Georgia stood around 5.7 percent for this year.
The discussion also noted “strategic reforms” by the Georgian authorities and the significance of the IMF support for them.
Georgian Prime Minister Irakli Kobakhidze on Friday discussed “positive” economic trends during his meeting with a mission from the International Monetary Fund in Tbilisi.
Natia Turnava, the Acting Governor of the National Bank of Georgia, on Monday met with a mission from the International Monetary Fund visiting Georgia to discuss the domestic monetary policy and financial stability.
Georgian Finance Minister Lasha Khutsishvili on Monday hosted a mission of the International Monetary Fund on a visit to Georgia for consultations with the country’s authorities, to discuss macroeconomic position of the country as well as fiscal and monetary policies of its Government.
The World Bank on Thursday released its Economic Update for Europe and Central Asia, estimating the Georgian economy to grow by 5.2 percent in 2024.