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The World Bank reduces the forecast of economic growth of Georgia in 2024

by mariam.mtivlishvili
January 12, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
The World Bank reduces the forecast of economic growth of Georgia in 2024

The World Bank reduced the growth perspective of Georgia’s economy to 4.8% by 2024. According to a January report by the World Bank, the medium-term outlook for many developing economies became worse, due to stagnating global trade and tightening credit conditions. In addition, in 2025, the World Bank predicts a 4.5% increase in GDP in Georgia.

 

By Mariam Mtivlishvili

Tags: economy
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