## Statement by the IMF Managing Director on Georgia

_IMF News, September 20, 2018_

## Source details

**Canonical URL:** [Statement by the IMF Managing Director on Georgia](https://www.imf.org/en/news/articles/2018/09/20/pr18352-statement-by-the-imf-managing-director-on-georgia)

## Other formats

- [Markdown version](/en/news/articles/2018/09/20/pr18352-statement-by-the-imf-managing-director-on-georgia/index.md)
- [Structured JSON version](/en/news/articles/2018/09/20/pr18352-statement-by-the-imf-managing-director-on-georgia/index.json)
- [Bundle manifest](/en/news/articles/2018/09/20/pr18352-statement-by-the-imf-managing-director-on-georgia/bundle-manifest.json)

## Bibliographic details
- Published: September 20, 2018

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### Meeting and context
- Press Release No. 18/352
- Date: September 20, 2018
- Following a meeting in Washington between Christine Lagarde, Managing Director of the International Monetary Fund, and Georgia’s Prime Minister Mamuka Bakhtadze
- IMF Communications Department contact:
  - MEDIA RELATIONS
  - PRESS OFFICER: Randa Elnagar
  - Phone: +1 202 623-7100
  - Email: MEDIA@IMF.org

### Program and financial support
- Discussion of progress under Georgia’s economic reform program supported by the IMF’s $285 million Extended Fund Facility

### Economic outlook and policy assessment
- The Georgian economy is described as "showing strong signs of recovery"
- Recovery is attributed to "prudent macroeconomic policies"

### Reform priorities and objectives
- Importance of advancing Georgia’s "ambitious reform agenda" to support:
  - investment
  - education
  - competitiveness
- Ultimate goal stated as "achieving sustainable and inclusive growth, which will benefit all Georgians"

### IMF stance
- Christine Lagarde "reiterated the Fund’s commitment to support Georgia and its people"

*Source: Statement by the IMF Managing Director on Georgia, September 20, 2018*

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## References

- [Christine Lagarde](https://www.imf.org/en/About/senior-officials/Bios/christine-lagarde)
- [Georgia and the IMF](http://www.imf.org/external/country/GEO/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2018/09/20/pr18352-statement-by-the-imf-managing-director-on-georgia_