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Tag Archives: Mercedes Vera-Martin

IMF: Georgia’s Economic Growth is Projected at 4.6 percent in 2019

An International Monetary Fund (IMF) team, led by Mercedes Vera-Martin, visited Tbilisi during February 20-26, 2019 to discuss recent economic and financial developments and progress with structural reforms. At the end of the visit, Ms. Vera-Martin issued the following statement: “Economic activity, which grew at 4.7 percent, proved resilient in …

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IMF Staff Concludes Visit to Georgia

IMF Georgia

An International Monetary Fund (IMF) team, led by Ms. Mercedes Vera-Martin, visited Tbilisi during February 7-13, 2018 to discuss recent economic and financial developments and progress with structural reforms. At the conclusion of the visit, Ms. Vera-Martin issued the following statement: “Economic developments in 2017 were positive. Growth reached 4.8 …

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Mercedes Vera-Martin: Georgia’s Economy is Growing Faster than we Expected

Mercedes Vera-Martin: Georgia's Economy is Growing Faster than we Expected

“We see that Georgia’s economy is growing faster than we expected. We will provide updated information on the economy and economic growth rate of Georgia to our head office”, – Mercedes Vera-Martin, head of the International Monetary Fund (IMF) mission for Georgia announced after the meeting with Dimitri Kumsishvili. According to …

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Monetary Fund to Decrease Forecast of Economic Growth in Georgia

“Considering decreased global economic growth, Georgian economy demonstrated steadiness and continues to recover from external shock, however it is a slower process than it had been planned beforehand”- declares Monetary Fund in its press release.  Realistic growth of GDP equals to 2.7% whereas inflation equals to 2%. Next year, economy …

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The IMF Welcomes NBG’s Policy to Support Larization

The IMF Welcomes NBG’s Policy to Support Larization

“The IMF welcomes the recent increase in reserve requirements for foreign currency deposits, and reduction for Lari deposits, which will help promote de-dolLarization”, – IMF Mission Chief Ms. Mercedes Vera Martin noted in an interview with Forbes magazine. Representative of the Fund notes, that since mid-2014, Georgia has been hit …

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Georgia Deepening Relations with IMF

Mercedes Vera-Martin

Georgian Finance Minister Nodar Khaduri has met with Mrs. Mercedes Vera-Martin, head of the International Monetary Fund (IMF) mission for Georgia, who is paying her first visit to Tbilisi. The parties discussed Georgia-IMF cooperation issues, the current economic situation in Georgia and the whole Region, fiscal policy issues, institutional and …

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