Georgia's foreign debt totals about $4.5 billion

Georgia's foreign debt totals about $4.5 billion

Georgian Minister for Finances Nodar Khaduri said that the government had paid off bonds worth $60 million this year and reduced its foreign debt to about $4.5 billion, Trend reports.About 600 million lari ($1 = 1.66 lari) will be paid to the International Monetary Fund (IMF) next year. The minister noted that about 400 million lari will be invested in infrastructure projects in 2014.

Georgian Minister for Finances Nodar Khaduri said that the government had paid off bonds worth $60 million this year and reduced its foreign debt to about $4.5 billion, Trend reports.

About 600 million lari ($1 = 1.66 lari) will be paid to the International Monetary Fund (IMF) next year. The minister noted that about 400 million lari will be invested in infrastructure projects in 2014.

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