ECONOMY

IMF approves the allocation of USD 200 million in support to Georgia

02.05.20 13:20


The International Monetary Fund (IMF) approved an allocation of USD 200 million in support to Georgia to help the country in struggle against COVID-19.

 

In a released statement, IMF says that the pandemic will significantly affect the economy and will hamper the positive dynamics of the last several years.

 

Also based on the statement, the Georgian government took steps for an increase in the healthcare budget, social aid, and support of the business. The IMF says that its financial aid will be an important contribution to the country.

 

 

 

source: 1TV

Read: 82


Write comment

Warning!
(In their comments, readers should avoid expressing religious, racial and national discrimination, not use offensive and derogatory expressions, as well as appeals that are contrary to the law)

Send
You can enter 512 characters

News feed


Caucasus Plus