IMF Reaches Staff-Level Agreement on Second Review for Georgia’s Stand-By Arrangement
05/11/2023 12:18
The Georgian economy continues to perform strongly, driven by robust tourism, transit trade, and financial inflows triggered by Russias war in Ukraine, and supported by prudent macroeconomic policies. Growth is projected to moderate after last years strong expansion. Inflation, which has fallen sharply, would remain below target through 2023.