Irakli Kobakhidze, Prime Minister of Georgia, met Alejandro Hajdenberg, Mission Chief of the International Monetary Fund (IMF).
According to the Georgian government administration, the meeting focused on the strong cooperation between the Government of Georgia and the IMF, as well as the Fund’s support, particularly in the areas of fiscal and structural reforms.
The discussion also covered Georgia’s economic growth trends. It was noted that the country’s average annual economic growth rate over the past five years has reached 9.3%, and this trend continues in the current year.
The Prime Minister of Georgia emphasised that the government’s economic policy is focused on maintaining macroeconomic stability, continuing structural reforms and implementing strategic infrastructure projects, including the Black Sea submarine cable and the Anaklia deep-sea port.
Attention was also drawn to the extensive reform of state-owned enterprises (SOEs), which is expected to save tens of millions of GEL and enable these resources to be reinvested into the development of the sector. The meeting was attended by Andrew Jewell, IMF Resident Representative in Georgia; Lasha Khutsishvili, Minister of Finance of Georgia and Levan Zhorzholiani, Head of Government Administration.
