In the OECD’s country credit risk assessment, Georgia has upgraded its risk rating by one level.
This enhancement, effective from February 2024, signifies improved access to financing for the private sector.
The assessment, conducted by official export credit agencies of OECD member nations, evaluates both member and non-member countries to encompasses transfer and convertibility risks.
“This classification aids export credit organizations in determining credit terms, and an improved rating, indicating reduced risk, will facilitate greater financing opportunities for Georgia’s private sector,” the OECD stated.
