The Executive Board of the International Monetary Fund has concluded its 2026 Article IV consultation with Georgia, raising the country’s economic growth forecast to 6.5%.
In a report published following the consultation, the IMF noted that Georgia’s economy remains resilient despite heightened global uncertainty, including risks stemming from the ongoing conflict in the Middle East.
“Despite elevated global uncertainty, including from the war in the Middle East, Georgia’s economy remains resilient, supported by sound macroeconomic management and strong policy buffers,” the report states.
The IMF says economic growth is expected to remain robust, although it is projected to moderate over time. The institution also forecasts that inflation will remain above the target level until mid-2027, while the current account deficit is expected to widen temporarily.
The report notes that Georgia’s public debt is projected to remain at prudent levels, while the country’s international reserve coverage is expected to strengthen further.
The IMF highlighted several key policy priorities for the Georgian authorities, including returning inflation to target levels, continuing to build foreign exchange reserve buffers, strengthening governance at the central bank and state-owned enterprises, and advancing structural reforms aimed at boosting competitiveness and creating jobs.
The Article IV consultation is the IMF’s regular assessment of a member country’s economic and financial policies, during which the institution evaluates economic developments, risks and policy priorities.
