Finance Minister: Georgia's economic growth projection for the current year is 4,6, which is very high in the region

Finance Minister: Georgia's economic growth projection for the current year is 4,6, which is very high in the region

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

They talked about the completion of the fourth review of advance financing mechanism. According to Machavariani, economic growth projection confirms the efficiency of the 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 not remained unnoticed by international credit agencies. as a result, our credit rating has been improved by Mood’s, Standard & Poor's and Fitch. I believe this trend will continue on the basis of the ongoing programme and the economic dynamics of our country”, the Minister said.