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Georgia’s Foreign Debts Grow by 382 million USD


Georgia’s Foreign Debts Grow by 382 million USD


As of May 1, 2015, Georgia’s external debts constituted 4.04 billion USD, although figure marked 4.395 billion USD at the time of April 1, 2016.

According towards the Finance Ministry report, Georgia owes 3.159 billion USD to international institution, such as the World Bank, the International Foundation for Agriculture Development (IFAD), the International Monetary Fund (IMF), the ecu Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the ecu Investment Bank (EIB).

Georgia owes 759 million USD to bilateral creditor countries and 500 million USD from sold state securities.


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