The International Monetary Fund (IMF) publishes a new forecast for the countries of the South Caucasus and Central Asia.
It says that the countries of the region have managed to stabilize the economic situation and overcome the negative impact of external shocks.
According to the IMF forecast, in the countries of the region dependent on energy imports, economic growth will decline to 4.5% in 2019-2020 despite in 2018 the forecast was 5.1%.
The IMF explains the growth forecast was reduced by 0.3% due to a decline in domestic demand and remittances from abroad.
The IMF report says that major infrastructure investments that were planned to be poured into the country back in 2018 will spur to economic growth in 2019. IMF believes this will allow balancing the decline in domestic demand.
IMF experts say that in 2019 .he Georgian economy will grow by 4, 6%.
