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IMF Staff Concludes Visit to Georgia
November 23, 2016
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.
- Georgian economy has shown resilience and continues to recover from the external shock, although at a slower pace than initially envisaged
- Real GDP growth is now estimated at 2.7 percent in 2016, and is projected to pick up to 4 percent in 2017
- The authorities plan a comprehensive package of structural reforms, including those to mobilize domestic savings, diversify the economy, and expand the use of the lari in the economy
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IMF Communications Department
MEDIA RELATIONS
PRESS OFFICER: Randa Elnagar
Phone: +1 202 623-7100Email: MEDIA@IMF.org
