IMF lowers Georgia's economic growth outlook for this year

Jamila Babayeva
Post's author

The International Monetary Fund (IMF) has reduced its economic growth forecast for Georgia this year from 4.3% to 3.5%, Report informs, citing the Fund.

According to the document, the neighboring country's economic growth is expected to be 5.8% in 2022 and 5.5% in 2023.

The Georgian government predicts economic growth of 4.3% for 2021.

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