Go't Administration Head: IMF raises economic growth forecast to 6.5%
The International Monetary Fund (IMF) has increased its economic growth forecast for Georgia to 6.5%, said the Head of the Government Administration, Levan Jorjoliani.
Jorjoliani said the revised projection reflects the government’s “correct economic policy” as well as the inflow of foreign investment in recent years.
“Therefore, it is not surprising that the projected economic growth rate has been increased by the International Monetary Fund as well. We have very good results in the first four months. In general, we rank first in Europe in terms of growth over the past four years,” he said.
He added that the government’s goal is for the benefits of economic growth to be evenly felt across the population.