Indexes
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ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the first and second quarters of 2017. Here are the highlights of this month’s release:
Our “middle-of-the-road” scenario (based on the average growth in the last four quarters) predicts a 4.3% real GDP growth. Thus, the Georgian government’s target of the real GDP growth (4%) does not seem to be overambitious, as it can be reached even in the worst-case scenario.