International Monetary Fund mission visits Georgia
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A delegation from the International Monetary Fund (IMF) is visiting Georgia to discuss the country’s economic outlook with local officials.
During the visit the IMF mission will meet Georgian authorities as well as representatives from the private sector.
The development of a large-scale technical assistance program of the IMF in Georgia and the country’s macroeconomic parameters were discussed at today’s meeting between Georgia’s Economy Minister and IMF representatives.
The IMF mission noted that the current economic situation in Georgia is much better compared to what was forecast by the mission during its previous visit.
The delegation was led by the IMF mission director to Georgia Mercedes Vera-Martin.
Meanwhile, the First Review of the Extended Arrangement under the Extended Fund Facility for Georgia completed by the International Monetary Fund (IMF) Executive Board in December 2017 said that Georgia’s economic recovery is gaining momentum, inflation is projected to decline starting in early 2018, and the external position has strengthened.
Georgia’s economic recovery is gaining momentum, inflation is projected to decline starting in early 2018, and the external position has strengthened, says the First Review of the Extended Arrangement under the Extended Fund Facility for Georgia completed by the International Monetary Fund (IMF) Executive Board.
"Georgia is thriving”, says the International Monetary Fund (IMF) in its latest article about Georgia, which speaks about the country’s recent economic development based on interviews with Georgia’s Economy Minister Dimitry Kumsishvili and National Bank of Georgia Governor Koba Gvenetadze.
The International Monetary Fund (IMF) is moving its forecast up, saying the Georgian economy will grow by 4.3 percent in 2017. The IMF also praises the first phase of the development process of a recently approved new, $285 million, large-scale technical assistance program of the IMF for Georgia.
Fiscal transparency practices are in place in Georgia, finds the latest Fiscal Transparency Evaluation report published by the International Monetary Fund (IMF).
Georgia’s economic activity performed better than expected, concludes the International Monetary Fund mission, which visited Georgia last week to discuss recent economic and financial developments and progress in structural reforms.
The International Monetary Fund has completed the second review on the Extended Fund Facility approved last year under which Georgia is receiving $285.3 million over a period of three years.
The International Monetary Fund (IMF) is moving its forecast up, saying the Georgian economy will grow by 4.5 percent in 2018 and 4.8 percent in 2019.
The International Monetary Fund (IMF) will team up with Georgia’s Ministry of Economy to create a credit guarantee fund for Georgia. The meeting was held yesterday during the Georgian governmental delegation’s visit to the US.
The International Monetary Fund (IMF) expects economic activity to remain strong in Georgia, supported by a favourable global environment and the firm implementation of programme policies.
The International Monetary Fund (IMF) Mission assesses the dynamics of Georgia’s economic indicators as positive, the IMF Mission chief Mercedes Vera-Martin notes at a meeting with the Georgian PM Giorgi Gakharia today.