IMF's presence in Georgia of most importance - Parliament
Date
2/11/2022 8:11:04 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, Feb. 11
By Maryana Akhmedova – Trend:
Georgia needs the program of the International Monetary Fund
(IMF) for assistance in implementing important economic reforms in
the country The Chairman of the Parliamentary Committee on Finance
and Budget of Georgia Irakli Kovzanadze said, Trend reports via Georgian
media.
According to Kovzanadze, IMF's assistance is significant for
attracting investors in the country.
“Georgia needs IMF's support not because of financial
instability, but foremost for their advice and recommendations in
carrying out reforms in the country,” the chairman said.
Meanwhile, The IMF representatives met with the now former
Minister of Economy and Sustainable Development of Georgia Natia
Turnava in November 2021.
The sides reviewed the progress on the implementation of
structural economic reforms and the action plan, in particular, the
ongoing activities for the development of the capital market, the
prospects for the implementation of the reform of state-owned
enterprises and others.
Kovzanadze also met with the representatives of the IMF mission
in December 2021. The parties discussed the main directions of the
new three-year program planned with the IMF.
At this point, the launch date and the reforms to be implemented
within the program are still unknown.
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