IMF to offer $40 million to Georgia

IMF to offer $40 million to Georgia

Georgia will get about $40 million from the International Monetary Fund (IMF) after the fourth review of the Extended Fund Facility (EFF) programme is finalised.

After the fourth review the amount of money allocated for Georgia will amount to $210 million within the programme, head of the IMF mission Mercedes Vera-Martin said at the press conference held today together with the Georgian Finance Minister and the President of the National Bank of Georgia.

Vera-Martin said that IMF believes the economy of Georgia is developing "at a very strong pace," reported.