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The PM: IMF Program is a Very Positive Signal for Investors Working in Georgia

New program of IMF means the green light from international financial institutions to proceed with the declared plan for the next three years, so everything will be implemented and become a reality, – the Prime Minister so estimates a new three-year program (285 m USD) approved by IMF. 

According to Giorgi Kvirikashvili, IMF program is a result of continuous hard work on the part of the Finance Minister in cooperation with the economic team.

“This program is most important in the implementation of our declared reforms under the four-point plan, especially its spatial planning component. The approval of this program means the green light from international financial institutions to proceed with our declared plan for the next three years, so everything will be implemented and become a reality. It also means that fiscal discipline and the country’s financial management must be exemplary”, – the PM noted and commended the coordinated work of the National Bank in this regard

“Important positive dynamics are evident in the country’s economy, at both macroeconomic and microeconomic levels. We are obligated to maintain and further propel these dynamics. The approval of the IMF program is a very positive signal for investors working in Georgia”, – Giorgi Kvirikashvili stated.