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.