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georgian inflation

IMF expects Georgia GDP growth to rebound to 4.3 % in 2021

4 mins read

The FINANCIAL — An International Monetary Fund (IMF) staff team led by Mercedes Vera Martin conducted virtual discussions from October 5 to November 9, 2020, on the Seventh Review under the Extended Fund Facility (EFF) arrangement. At the conclusion of the mission, Ms. Vera-Martin issued the following statement: “Following productive discussions, the Georgian authorities and the IMF team reached a staff-level agreement on the conclusion of the Seventh Review of the EFF arrangement. Performance under the IMF-supported program was satisfactory in the first half of 2020. The agreement is subject to approval by the IMF management and the Executive Board.…

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IMF expects Georgia GDP growth to rebound to 4.3 % in 2021

4 mins read

The FINANCIAL — An International Monetary Fund (IMF) staff team led by Mercedes Vera Martin conducted virtual discussions from October 5 to November 9, 2020, on the Seventh Review under the Extended Fund Facility (EFF) arrangement. At the conclusion of the mission, Ms. Vera-Martin issued the following statement: “Following productive discussions, the Georgian authorities and…

July 2020 inflation rate in Georgia

1 min read

The FINANCIAL — National Statistics Office of Georgia published data of inflation rate in Georgia (July 2020). The Consumer Price Index decreased by 0.5 percent compared to the previous month, while the annual inflation rate amounted to 5.7 percent. With regard to the annual core inflation , the prices increased by 6.1 percent, while the annual…