"The meeting was held at the Ministry of Economy and Sustainable Development of Georgia. The Deputy Prime Minister/Minister of Economy and Sustainable Development of Georgia Levan Davitashvili, the Minister of Finance Lasha Khutsishvili, Permanent Representative of International Monetary Fund in Georgia Selim Cakir, the Deputy Ministers of Finance - Giorgi Kakauridze and Ekaterine Guntsadze - participated in the summary meeting.

The parties reviewed the current macroeconomic and fiscal parameters of the country. It was noted that, despite the challenges emerging in the region, Georgia maintains a significantly high and sustainable growth rate compared to the initial forecasts.

At the meeting, the performance indicators of the current year's budget and its consistency with the goals of returning to the limits set by the fiscal rules, as well as the trends of rapid recovery of the export and tourism sector, were positively evaluated.

The parties also drew attention to the importance of the reforms envisaged by the new three-year program with the International Monetary Fund in the country's development process; Georgia's progress in the direction of implementing reforms was positively evaluated. The current and planned reforms in the energy sector were emphasized, the aim of which is to ensure energy security and energy independence.

The Mission of the International Monetary Fund will visit the country in the framework of the first assessment of the program's progress in the month of October," – statement reads.