H.E. Lasha Khutsishvili, Minister of Finance of Georgia and H.E. Natia Turnava, Governors of the National Bank of Georgia (NBG) held a wrap-up meeting with the International Monetary Fund (IMF) mission led by Alejandro Hajdenberg.
During the meeting, the parties reviewed fiscal and monetary policy issues, the current state of the country’s economy and medium-term projections.
The mission highlighted Georgia’s strong economic growth dynamics, a decline in the unemployment rate and emphasized the country’s resilient macroeconomic indicators. The IMF expects that Eurobond refinancing will proceed smoothly next year.
The mission also welcomed the government’s intention to implement reforms of state-owned enterprises (SOE), noting the significant progress achieved in managing fiscal risks and strengthening financial oversight of SOEs.
The meeting also covered discussions under Article IV of the IMF’s Articles of Agreement, scheduled for March 2026.
The meeting was attended by Deputy Ministers of Finance Giorgi Kakauridze and Ekaterine Guntsadze; Deputy Governors of the NBG Ekaterine Mikabadze and Ekaterine Galdava; Deputy Minister of Economy and Sustainable Development Vakhtang Tsintsadze; as well as representatives of the NBG and the IMF mission.
Key Outcomes of the IMF Mission Discussions:
- Georgia continues to demonstrate strong economic growth dynamics
- Fiscal policy remains consistent with macroeconomic stability objectives
- Further reduction in unemployment and improvement in economic indicators
- Strengthened financial oversight of state-owned enterprises (SOEs) and continued SOE reform agenda
- The IMF expects smooth Eurobond refinancing next year
- Ongoing cooperation within the framework of IMF Article IV consultations, scheduled for March 2026
Source: Ministry of Finance of Georgia
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