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There Is A Need For A New IMF Program – Minister

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Natia Taktakishvili
14.09.21 15:00
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Minister of Finance Lasha Khutsishvili declares that Georgia needs a new program from the International Monetary Fund (IMF). According to him, the preparatory works for the program with the IMF is already underway.

"The launch of the fund program has its procedures. I can confirm that these procedures are already started and we are following the agenda. When we talk about a new program, there is a need for it," the finance minister said.

The President of the National Bank, Koba Gvenetadze, said on the program "Analytics" that the work on the new program with the IMF would start at the end of this year.

"The IMF's program is very important because it makes an impartial assessment of the reforms and economic developments that are taking place in the country. The IMF's assessment is very important for donors, as well as investors”, - said Koba Gvenetadze.

The current program with the International Monetary Fund was completed in early 2021.