IMF indicates the reduction of dollarization in Georgia
IMF indicates the reduction of dollarization in Georgia

International Monetary Fund indicates the reduction of dollarization in Georgia.

According to the statistics published by the organization, the dollarization rate of deposits is 64.8% in 2017 and this index will decrease up to 64.1% next year.

By comparison with previous years, the dollarization of deposits was 66.8% in 2015, and 69.9% in 2016.

As for the dollarization of loans, the index is 54, 7 % in 2017, and it will be reduced up to 54.1 % in 2018.

By comparison with previous years, the dollarization of deposits was 63.1% in 2015, and 64.6% in 2016.

The National Bank of Georgia recently pointed out the reduction of dollarization.

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