
On July 21, 2025, the Executive Board of the International Monetary Fund (IMF) completed its Article IV Consultation with Georgia through a lapse-of-time procedure.
The IMF report highlights Georgia’s “remarkable resilience” in the face of ongoing domestic and geopolitical challenges, noting strong economic growth, low inflation close to target, and manageable debt levels.
The IMF expects growth to slow slightly as domestic demand cools but forecasts inflation and public debt to remain stable, provided that careful monetary and fiscal policies continue.
To maintain strong, inclusive, and job-rich growth, the IMF recommends that Georgia build more foreign reserves, improve governance at the central bank and state-owned enterprises, and push ahead with reforms to strengthen the labor market and broaden economic opportunities.
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