Georgia, Tbilisi, August 31 / Trend N. Kirtskhalia /
The Georgian international investment position deteriorated 1.5 times compared to the previous year, the Georgian National Bank said.
Georgian governmental and commercial obligations hit $13 billion in the end of the first quarter of 2009. Total assets amounted to $2.35 billion.
Loan obligations of the banking sector were increased by 29 percent and National Bank 2.5 times. As a result, loan to the amount of $624 million from the IMF was given.
Liabilities taken in the form cash and deposits reduced 25 percent compared to 2008.
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