International Monetary Fund experts coming to Georgia
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Global monetary experts are set to visit Georgia to assess the country’s financial situation.
A delegation from the International Monetary Fund (IMF) will meet local authorities and discuss Georgia's economic environment.
The assessment mission was scheduled to arrive in Tbilisi tomorrow and stay here for two weeks.
Meetings between the IMF representatives and Georgian officials will be held at Georgia’s Finance Ministry, Economy Ministry and National Bank.
The assessment mission will end its Georgia visit on November 21.
IMF is an international organisation of almost 200 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The National Bank of Georgia (NBG) has decided to increase its refinancing rate in response to increased inflation expectations.
The National Bank of Georgia has increased its refinancing rate following advice from its Monetary Policy Committee (MPC).
More than 7,000 people in Georgia will soon have to fork out more in debt repayments as the financing rate increased by 50 basis points to 5.5 percent.
The Monetary Policy Committee (MPC) of the National Bank of Georgia (NBG) met today and decided to increase the refinancing rate by 50 basis points to 4.5 percent.
A delegation from the International Monetary Fund (IMF) is visiting Georgia to discuss the country’s economic outlook with local officials.