The International Monetary Fund (IMF) has lowered the forecasts of Georgia’s economic growth for 2020.
The GDP growth in Georgia is projected to reach 4.3% in 2020, while the previous forecast was 4.8 per cent, – says the International Monetary Fund.
The World Bank forecasted 4.6% economic growth in Georgia in 2019.
Besides, according to the Head of the IMF Mission Mercedes Vera-Martin inflation forecasts for this year increased to 7.2 per cent. However, the Fund predicts a decline in inflation for 2020.