Georgia, Tbilisi, August 24 / Trend N. Kirtskhalia /
The Georgian government is expecting a real positive shift in the Georgian economy from 2010. According to the government, GDP will increase 2 percent by 2010 though the decrease in the rate of economic growth will hit 4 percent by late 2009.
The Georgian government has already agreed the figures on GDP reduction with the International Monetary Fund.
The government sent a letter about the forecasts on macroeconomic figures to the International Monetary Fund on August 6. It was the cause for the International Monetary Fund allocating an additional loan to Georgia. The International Monetary Fund increased its loan to Georgia to $1 100 million.
Do you have any feedback? Contact our journalist at: [email protected]