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IMF van Rij praises Georgia economic performance

IMF Alternate Executive Director Marnix van Rij praised Georgia's economic performance, citing robust growth, rising international reserves, a tightly controlled fiscal deficit and strong foreign direct investment. Speaking on the sidelines of the IMF and World Bank Annual Meetings in Thailand, he said Georgia kept developing successfully despite geopolitical tensions, the war in the Middle East, high energy prices, inflation and the effects of Russia's war against Ukraine. He said the IMF would support Georgia's request for technical assistance to strengthen institutions, but that the country does not currently need an IMF program. National Bank of Georgia Governor Natia Turnava and Finance Minister Lasha Khutsishvili also met IMF officials Bo Li and Jihad Azour during the meetings.

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