The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Georgia on a lapse of time basis on July 21, 2025.

According to the report, Georgia has shown “remarkable resilience” amid heightened domestic and geopolitical uncertainty, with strong growth, near target inflation, and moderate debt levels.

“Growth is expected to ease towards potential as domestic demand slows, while inflation and public debt would remain stable with continued prudent monetary and fiscal policy.

Sustaining strong, inclusive, and job-rich growth will require building further reserve buffers, strengthening central bank and state-owned enterprise governance, and advancing structural reforms to improve labor market outcomes and expand economic opportunities.

While Georgia outperforms peers on many governance indicators, recent backsliding underscores the need to reinforce judicial independence, empower the Anti-Corruption Bureau, and ensure effective enforcement of asset declaration reforms.

Key priorities include addressing high structural unemployment, low agricultural productivity, and skill gaps through improved vocational training, teacher quality, and targeted agricultural support,” reads the report.