IMF; "GEORGIA IS STEADY GROWING DESPITE EXTERNAL DEBTS"
![IMF; "GEORGIA IS STEADY GROWING DESPITE EXTERNAL DEBTS"](https://nadinews.net/uploads/images/2020/10/image_750x_5f8968a8029c4.jpg)
After the Georgian Ministry of Finance announced Georgia's current foreign debts; The IMF announced that Georgia will be the most stable country in the region with 5% economic growth in 2021.
In the statement made by the Georgian Ministry of Finance, it was stated that the total external debt of Georgia was 6.76 billion dollars. The statement made by the Ministry of 10.959 million dollars, including also Turkey; It is stated that the biggest debt of Georgia is to France (554.7 million $), Germany (495 million $) and Japan (215.1 million $). 5,685 million dollars to Azerbaijan, to Turkey for $ 10 959 million, 43 134 million dollars in Russia and 5.954 million dollars was announced that the Armenian debt.
In a new world economy survey published by the IMF following the announcement of the Georgian Ministry of Finance, it was predicted that Georgia will have the highest economic growth in Europe and the region on average in the medium term. According to the IMF, Georgia's purchasing power parity will exceed $ 20,000 in 2024 and $ 21,000 in 2025 for the first time. In terms of growth rates of nominal purchasing power parity per capita, Georgia will be ranked 11 in 2020-2025.
According to the IMF, it is stated that after 2020, Georgia's debt will decrease.