IMF allocates $285 mln to Georgia

Baku. 13 April. REPORT.AZ/ International Monetary Fund (IMF) approved $285.3 mln allocation to Georgia. 

Report informs referring to RIA Novosti, this amount has been provided to government to support economic reforms within 3-year program.

IMF says that the mentioned program will enable to reduce economic sensitivity in Georgia, to implement well-coordinated economic measures and to achieve economic growth.

Besides, program focuses on implementation of ambitious structural reforms: “The reforms envisage improvement of education, more efficient state management, infrastructure investments and improvement of business climate”.