NBG increases prognosis of economic growth to 5,5%

17:47, 25.07.2018

Economic activity has been increased in the first half of 2018 in Georgia, and based on the preliminary data, reached 6,1% – National Bank of Georgia (NBG) reports.

The NBG increased prognosis of economic growth to 5,5% based on demand of monetary transfers and increase of loans. The positive tendency is maintained with respect of good’s import and revenues from tourism.

Also, the Monetary Policy Committee of NBG made the decision to decrease the refinancing rate with 25 basis points. Respectively the monetary policy rate currently amounts 7,0%.

Economics

NBG

refinancing rate