"The International Monetary Fund strongly supports the monetary and fiscal policies currently being implemented in Georgia," said economic expert Otar Anguridze.
According to him, the recent visit by IMF representatives to Georgia was highly positive, and the mission conveyed encouraging messages.
“This was a very important visit, especially considering the speculation caused by the recent silence from the IMF mission. However, yesterday’s briefing clearly demonstrated the IMF’s strong support for the policies underway in Georgia. These statements have dispelled many doubts and mark a step forward in strengthening both the National Bank of Georgia (NBG) and our financial system,” Anguridze explained.
He noted that there had been attempts to politicize the NBG, but those efforts were unsuccessful.
“In the past, some individuals—both inside and outside the country—tried to involve the NBG in political processes. Fortunately, they failed. Today, the lari remains strong, the financial system is stable, and it's growing. Those disruptions had only a short-term effect and have now been overcome,” he said.
Anguridze added that the IMF’s revision of Georgia’s economic growth forecast was expected and that the country’s economy has shown remarkable resilience in recent years.
“For the past four years, Georgia has demonstrated steady economic growth. Of course, risks persist, and some—particularly external ones—may even be increasing. We don’t know how events in the Middle East will unfold or when the Russia-Ukraine war will end. However, our economy has developed resilience and immunity. This is reflected in the combination of low inflation and sustained high growth over several years,” Anguridze concluded.
