Georgian finance minister discusses reducing of fiscal deficit at IMF

Photo: Georgian finance minister discusses reducing of fiscal deficit at IMF / Georgia

Tbilisi, Georgia, April 11

By Nana Kirtzkhalia - Trend:

Georgian Finance Minister Nodar Khaduri held bilateral meetings at the International Monetary Fund (IMF) and the World Bank (WB) during his working visit to the U.S.

The minister met with the Deputy Managing Director of IMF, Zhu Min, director of IMF's Middle East and Central Asia Department, Masood Ahmed and the World Bank's Executive Director Frank Heemskerk, the Georgian Finance Ministry said on April 11.

"The projects on supporting the private sector are considered in the World Bank, in the International Finance Corporation (IFC). The main topic of discussions in the IMF was the further improvement of the macroeconomic policy, as well as reducing of the fiscal deficit.

During the visit, it is also planned to hold meetings with the WB vice-president, representatives of the Multilateral Investment Guarantee Agency and J.P Morgan Investment ," Nodar Khaduri said.

During the visit, Georgian finance minister will take part at the annual meeting of the IMF and WB that will begin on April 11.

Translated by L.Z.

Edited by C.N.

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