Georgia's Foreign Debt Increased to $ 8.13 Billion

Georgia's foreign liabilities increased to $ 8.13 billion in February.

According to the Ministry of Finance, the government owes $ 7.7 billion out of total liabilities.

The country's external debt has increased by $ 302 million annually, compared to the previous month by $ 26 million.

In February, Georgia was able to repay $ 15 million in principal to creditors, paying $ 8.2 million in interest.

The country owes $ 5.525 billion to international institutions. Lending financial institutions include the World Bank; International Fund for Agricultural Development; International Monetary Fund; European Bank for Reconstruction and Development; Asian Development Bank; European Investment Bank. The largest lender is the Financial Institution World Bank.

Georgia has 15 bilateral creditors and owes them $ 1.6 billion. The amount of foreign debt received from the sale of government securities is $ 500 million.

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Economy

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Georgia's Foreign Debt Increased to $ 8.13 Billion

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