Finance Minister reviews cooperation with International Monetary Fund Mission head
Georgian Finance Minister Lasha Khutsishvili met James John, the Mission Chief of the International Monetary Fund. Photo: Ministry of Finance
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Economic trends of Georgia, reforms and macroeconomic indicators of the country were discussed on Monday in a meeting between the Georgian Finance Minister Lasha Khutsishvili and James John, the Mission Chief of the International Monetary Fund.
The Ministry of Finance said the meeting also involved other representatives of the IMF Mission to Georgia, with the discussion reviewing the course of reforms envisaged by the Fund’s three-year programme.
The officials praised the progress achieved by Georgia in the past two years, the country’s economic growth rates and improvement of "other fiscal parameters" despite regional and global challenges.
They also emphasised the importance of continuing the Government’s “prudent” macroeconomic policy.
Georgian economy minister Levan Davitashvili on Monday said the forecast of the International Monetary Fund projected the Georgian economy’s 2022 growth to be 10.5 percent, and highlighted the country exhibited “one of the highest” growth rates in the region.
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.
An economic team of the Georgian Government and the Governor of the National Bank of Georgia on Wednesday discussed cooperation with the International Monetary Fund in a meeting with Jihad Azour, the Director of the Fund’s Middle East and Central Asia Department.
Georgian authorities have adopted a programme supported by the International Monetary Fund and focused on addressing macroeconomic challenges of the country, Bo Li, the Deputy Managing Director of the IMF said on Tuesday.