IMF cuts Georgian growth forecast for 2020

IMF cuts Georgian growth forecast for 2020

access_time2019-11-05 08:00:35

The International Monetary Fund (IMF) has cut its outlook  for Russian economy  predicting  growth  of 4.3% in 2020.

The IMF previous forecast was 4.8 per cent.

The World Bank forecasted 4.6% economic growth in Georgia in 2019.

According to the Head of the IMF Mission Mercedes Vera-Martin inflation forecasts for this year increased to 7.2 per cent. However, the Fund predicts a decline in inflation for 2020.


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