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Post Date:
07 Nov 2019
Benefica is introducing a quarterly risk assessment for Georgia. Purpose of this document is to give the reader the snapshot, balanced scorecard of current key macroeconomic KPIs.
We can observe that Georgia critically underperforms in FDI attraction and has mediocre performance in economic growth, competitiveness and external debt management areas Even though liquidity and budget surplus fields are expressed in positive terms, their effectiveness is questionable, particularly in fiscal deficit area where the government has failed to fulfill infrastructural spending goals, completion of which as of Q 2 2019 stands at c.a. 72%