Georgia's economic growth projection for the current year is 4,6

Georgia's economic growth projection for the current year is 4,6

2019-05-29 ( 21 Days Ago ) News Category : General

 

Finance Minister Ivane Machavariani at the briefing held together with National Bank President Koba Gvenetadze and Head of International Monetary Fund Mercedes Vera-Martin announced, that Georgia's economic growth projection for this year is 4,6, which demonstrates high rate in the region.

They discussed completion of the fourth review of advance financing mechanism. According to Machavariani, economic growth projection is due to reforms carried out by the Georgian government.

Georgia's economic growth projection for the current year is 4,6, which is remarkably high in the region and reaffirms the effectiveness of the reforms carried out by the Georgian authorities. This has been observed by international credit agencies, as a result of which, our credit rating has been improved by Mood’s, Standard & Poor's and Fitch. Minister is looking forward to economic dynamics of the country.


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