Georgia to get $41.6 million under IMF programme

Georgia will get about $41.6 million from the International Monetary Fund (IMF) under the fifth review of the Extended Fund Facility (EFF) programme after it will be finalised by IMF Management and Executive Board in December 2019.

The Georgian authorities and the IMF team reached a staff-level agreement today on completing the fifth review under the IMF EFF programme and on extending the programme for one year.

After finalising the fifth review the entirety of the funding of the IMF to Georgia under the EFF programme will be $0.25 billion, Agenda.ge reported.