AGP Executive Report
Last update: 7 hours agoIMF Watch: The IMF says Georgia’s economy stayed resilient in 2025 and early 2026, with 7.5% growth last year, inflation easing toward target, reserves strengthening, and public debt below 35% of GDP—while it flags a 6.5% growth outlook for 2026. De-dollarization & Finance: Georgia’s de-dollarization push gets IMF approval, pointing to a shift in how the economy manages external and domestic transactions. Transport & Industry Investment: Georgia signed a $372m World Bank loan (plus plans for ADB and AIIB funding) to upgrade rail and roads under the Trans-Caspian Transport Corridor, including electric locomotives, substations, and road safety works. Tech & Skills: Tbilisi hosted Georgia’s first official Laravel Meetup, signaling deeper integration of local developers into global software communities, while Global Tech Weekend Tbilisi 2026 is set for June 19–21 with 10,000+ attendees. Pharma Compliance: GM PHARMA hosted an EU GMP readiness assessment by German Actrevo, reviewing manufacturing and quality controls for EU market registration. Trade Pressure on Wine: A report highlights how Russia’s share of Georgian wine exports and new excise taxes are squeezing producers, forcing the industry to find alternatives. Regional Connectivity Diplomacy: The Istanbul Declaration by Türkiye, Azerbaijan, and Georgia underlines a corridor-first approach to security, logistics, and energy cooperation. Cross-border Business: Georgia and Turkmenistan discussed expanding trade and investment links, focusing on direct contacts and logistics cooperation.
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