2019-02-13
"Implementation of the Public Debt Management Strategy will make the economy of Georgia further more competitive" stated Mamuka Bakhtadze, Prime Minister of Georgia at a press briefing held prior to the Executive Government Meeting today.
As noted by the Head of Government of Georgia, Public Debt Management Strategy has been developed by the Ministry of Finance of Georgia (MOF) with the engagement of the National Bank of Georgia (NBG) and foreign colleagues.
According to the Prime Minister of Georgia, strategy has been developed on the grounds of the methodology institutionalised by the International Monetary Fund (IMF) and World Bank. It will apply to 2019-2021.
"It may be said without any exaggeration that this document should ensure the development of our capital market in the coming years, acceleration of larisation process, advancement of the economy of Georgia to make us more resilient towards external shocks. I have a huge expectation towards the implementation of the strategy, which will lead to a more competitive economy of the country and what is most important - it will result in obtaining an investment rating by Georgia. You may well be aware that an integral part of our economic policy is to carry out all and every reform to make sure that Georgia gets an investment rating" concluded the Prime Minister of Georgia.
Prime Minister's Press Office