Macroeconomic Forecasts - December 2019
Monday, 05 October 2020 11:19As per the Budget Code, following the delivery of macroeconomic forecasts and information concerning basic directions of Georgia's ministries by the government of Georgia to the parliament, the Parliamentary Budget Office (PBO) is publishing its independent forecasts.
Major dynamics of the forecasted variables are as follows:
Macroeconomic Forecasts - June 2019
Wednesday, 19 June 2019 05:02As per the Budget Code, following the delivery of macroeconomic forecasts and information concerning basic directions of Georgia's ministries by the government of Georgia to the parliament, the Parliamentary Budget Office (PBO) is publishing its independent forecasts.
Major dynamics of the forecasted variables are as follows:
The real GDP 2019 growth forecast (4.7%) exceeds the government forecast (4.5%) by 0.2 percentage points (pp) and does not differ from the PBO forecast of December 2018. The PBO December forecast was mainly based on two factors, out of which both actualized almost exactly the way they were assessed in December: The 2018 economic growth rate was adjusted to 4.7% from the
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