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Tag Archives: Growth Forecast

ADB Raises 2018 Growth Forecast for Georgia to 4.9%

The Asian Development Bank (ADB) raised Georgia’s 2018 growth forecast to 4.9% from the April estimate of 4.5% reflecting strong growth in tourism and robust investment after an increase in business and investor confidence. The growth forecast for 2019 is 5.0%, says the update of ADB’s flagship annual economic publication, Asian Development Outlook …

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