Finance Minister: WB remains Georgia’s active partner; to continue to invest in ongoing, future projects

Georgian Finance Minister Lasha Khutsishvili summed up meetings held during the annual meetings of the International Monetary Fund (IMF) and World Bank (WB) in Bangkok, Thailand.

According to the Minister, Georgia’s high economic growth was emphazised by the IMF representatives, while the ongoing and future projects were reviewed during the meeting with the WB Vice-President.

“The WB remains Georgia’s active partner and will continue to invest in ongoing and future agreed projects,” he said.

According to Lasha Khutsishvili, he held meetings with representatives of Bank of America and international finance institutions such as ICBC and Nomura. He emphasized that Georgia continues active cooperation with international financial and investment companies.

The Finance Minister noted that during meetings with representatives of international rating agencies, the positive trend unfolding in Georgia’s economy over the last few years, stressing the fiscal and monetary policies which the Georgian government pursues with the National Bank of Georgia (NBG).

“There is an expectation that an improvement in the outlook for international ratings will be reflected in our country’s ratings,” said Lasha Khutsishvili.