...

IMF mission to visit Georgia until end of November

Business Materials 21 November 2012 20:04 (UTC +04:00)
Mission of the International Monetary Fund will visit Georgia in November.
IMF mission to visit Georgia until end of November

Georgia, Tbilisi, Nov 21 /Trend N.Kirtzkhalia/

Mission of the International Monetary Fund will visit Georgia in November.

The mission's visit is scheduled for the second half of November, IMF Resident Representative in Georgia Azim Sadykov told journalists.

"The IMF mission will stay in the country for two weeks and will discuss components of the financial and economic policy with the Georgian government," Sadykov said.

Azim Sadykov reviewed the state of the economy in the South Caucasus and Central Asia, focusing on the financial and economic parameters of the region.

Economic growth in Georgia in 2012 was seven percent and it is projected at 6 percent in 2013 according to the report, prepared by the IMF.

"The pace of economic growth in Georgia was very impressive in the first nine months. We have no data for October, but the growth was strong according to the report for September, and the figure will be seven percent in 2012. Although it is noted that the uncertainty can produce reduction of rates that will be due to political conditions. However, all indicators suggest that economic growth is strong," Sadykov said.

Tags:
Latest

Latest