Chair of the Budget & Finance Committee in Discussions with IMF Mission Chief

The Chair of the Budget and Finance Committee, Irakli Kovzanadze, met with the IMF Mission Chief, Mercedes Vera-Martin, and the IMF Resident Representative to Georgia, Francois Painchaud, to discuss the ongoing macro-economic parameters of Georgia, state budget implementation, pension reform, bank oversight, etc.

“The meeting was very productive. We discussed the ongoing and scheduled reforms in the country, the challenges we encounter in this process, including the issues relevant in the bank sector and sustainability of the financial sector,” Kovzanadze noted.

Vera-Martin noted that the economy of Georgia is on the right path of development and the progress Georgia achieves within the IMF program will be further discussed.