President of the National Bank of Georgia, Natia Turnava, stated that the International Monetary Fund (IMF) has once again underscored the resilience of Georgia’s economy and the strength of its macroeconomic environment in its latest assessment published on July 22.
According to Turnava, the IMF’s updated economic growth forecast of 7.2% for 2025 reflects confidence in Georgia’s sustained high growth. She also noted the Fund's alignment with the National Bank’s inflation target of 3%, and its positive evaluation of the Bank’s monetary policy and foreign exchange reserve accumulation strategy.
“The IMF particularly emphasizes the resilience of our economy and the healthy macroeconomic environment. The positive outlook for growth and inflation matches our own vision and policy framework,” Turnava said.
However, the IMF report also highlighted political uncertainty and increased risks of international sanctions, which could negatively impact foreign direct investment, tourism, and the GEL exchange rate. It also urged the government to strengthen the independence of the National Bank through legislative reforms.
Despite these warnings, Turnava called the overall report a “fair, objective, and positive” assessment that affirms Georgia’s current economic trajectory.
