Baku. Aynur Aliyeva - APA-Economics. The International Monetary Fund said on Friday it had completed its first review of Georgia's economic performance, enabling the disbursement of about $58.1 million.
The disbursement brings total disbursements under the three-year Stand-By Arrangement to $116.3 million. The arrangement, with total access of about $145.4 million, was approved in July.
The IMF said that despite a "challenging external environment," Georgia's economic developments this year continue to be in line with the program's goals.
"The authorities continue to be committed to fiscal adjustment, as evident by a 2015 budget that reduces the deficit to 3.0 percent of GDP," the IMF said.
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