The economic trends of Georgia, current and future reforms, as well as macroeconomic indicators and forecasts, were discussed on Friday by the Georgian economy minister Levan Davitashvili and James John, the mission chief of the International Monetary Fund.
The economy ministry said the officials had highlighted the current events in the energy sector, including the new support scheme for the development of the sector, which would help attract investments in energy, launch new power capacities and increase the quality of Georgia’s energy security.
It was noted that according to the IMF forecast, despite the challenges, Georgia had maintained “high” economic growth in the medium term in the region, evoked by infrastructure spending, the inflow of foreign direct investments and structural reforms.
The sides also emphasised the “consistency” of the Georgian government’s economic policy, aimed at economic “stability”, business support and inclusive social policy.