After the Executive Board Approval, Approximately $200 Million will be Available for Georgia Budget - IMF

International Monetary Fund and Georgia's Government achieved an agreement to finally complete the sixth review of the current program in Georgia successfully and increase the sum total of program. This matter is written in the press release of the International Monetary Fund Statement on Georgia.

According to the information by International Monetary Fund, after the approval of the executive board, approximately $200 million will be available to transfer to Georgia's budget for fighting against COVID-19.

The organization stated, that increasing the fund of IMF will promote fulfilling the medical and social-economical needs instantly, attracting the finances of other donors, and the following progress.

As IMF evaluated, Georgia's government had made decisive steps to detain the virus pandemic.

The negotiations above the reviewing of the sixth program between Georgia and IMF were holding during 1-13 April.

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After the Executive Board Approval, Approximately $200 Million will be Available for Georgia Budget - IMF

Last 7 Days Hot Topic

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06