Georgia improved the risk rating by one step in the country risk classifications of the Organisation for Economic Co-operation and Development (OECD), the Ministry of Economy and Sustainable Development reported.
“An increase in the rating, which means a decrease in risk, will boost access to financing for the Georgian private sector,” the Ministry said.
The Organisation for Economic Co-operation and Development is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade.