PM: Update from Fitch demonstrates resilience of our policies

12:42, 14.02.2021

“Fitch affirmed Georgia’s IDR at BB asserting that the re-election of GD reinforced Economic policy continuity with no disruption, despite high political tensions given the current boycott of parliament by the opposition”, Prime Minister of Georgia, Giorgi Gakharia, wrote on the Twitter page.

“Great update from FitchRatings demonstrating the resilience of our policies. Fitch affirmed Georgia’s IDR at BB asserting that the re-election of GD reinforced Economic policy continuity with no disruption, despite high political tensions given the current boycott of parliament by the opposition”, PM tweeted.

Fitch Ratings affirmed Georgia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB’. Fitch Rating was published in Frankfurt on February 12.

Great update from @FitchRatings demonstrating the resilience of our policies. Fitch affirmed ??s IDR at BB asserting that the re-election of GD reinforced Econ policy continuity w/no disruption,despite high political tensions given the current boycott of parliament by opposition

— Giorgi Gakharia (@GakhariaGiorgi) February 14, 2021

By - Tamar Tabatadze

Economics

Fitch

Giorgi Gakharia