Georgia in CAREC
- Georgia joined CAREC in 2016
Highlights from the Asian Development Outlook 2016:
Growth slowed to 2.8% as a weak external environment curbed investment, exports, and remittances. Currency depreciation fueled inflation. With continued external weakness, growth is expected to remain low in 2016 before recovering in 2017 on stronger global expansion. Inflation is expected to rise in 2016 before reverting, while the current account deficit should narrow in both years. Read full report
The United Nations Development Programme prepares reports on human development in Georgia.