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IMF publishes forecast for Georgia's GDP growth

Georgia Materials 12 October 2022 17:29
Trend News Agency
IMF publishes forecast for Georgia's GDP growth

BAKU, Azerbaijan, October 12. International Monetary Fund (IMF) has published a forecast for Georgia's GDP growth for 2022-2023, Trend reports citing IMF's World Economic Outlook.

According to the IMF's projections, Georgia’s GDP growth is estimated to be 9 percent in 2022.

However, the growth of Georgia’s GDP is projected the level 4 percent in the next year.

The IMF forecasts consumer price inflation in Georgia at 11.6 percent in 2022 and 6 percent the following year.

Meanwhile, according to IMF projections, the unemployment rate in Georgia will be 18.7 percent in 2022 and 19.5 percent in 2023.

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