Georgian Economy Minister, IMF representative discuss cooperation

Existing cooperation between Georgia and the International Monetary Fund was discussed on Wednesday in a meeting between Mariam Kvrivishvili, the Minister of Economy and Sustainable Development of Georgia, and Andrew Jewell, the Permanent Representative of the International Monetary Fund to Georgia.

The meeting focused on the economic indicators, current forecasts, as well as Georgian Government’s plans to support economic growth and implement structural reforms.

The officials highlighted the progress of the reform of state-owned enterprises, according to which the corporate governance of state-owned enterprises would be improved, the optimisation process would continue, which would allow companies to save significant resources.

At the end of the meeting, the parties expressed readiness to contribute to the further development of relations.

It is noteworthy that the International Monetary Fund (IMF) is reviewing in detail the dynamics and progress of the Georgian economy.

According to the latest estimates, the IMF has increased Georgia's economic growth forecast for 2025 from 6 percent to 7.2 percent, which is the highest indicator not only in the region, but also in Europe.