Moody’s predicts 5.5% economic growth in Georgia in 2024, but the rating level is unchanged and it is still Ba2.
The main reason for the improved outlook is the assessment of Georgia’s vulnerability to geopolitical risks at a lower level. The strengths of the rating are high economic growth, resilience of the economy to shocks, strong institutional framework, fiscal stability and low inflation.
According to the agency’s expectation, fiscal stability will be maintained in the future, which will ensure a low level of debt.
By Mariam Mtivlishvili
